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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (37991)	3/8/2006 9:55:45 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 60901

do not have the worldly exposure you have had Let's not ahead of ourselves here... It was only one eye popping trip :O) although thorough... buy gold on the open market my bet is some most certainly will. Sure, I don't disagree at all with that.. just they will buy lots of other stuff too.. nad maybe the other stuff comes first... The scooters and cars are definitely being bought now... Cell phones and gadgets are pernicious.... Everywhere..... Any way gotta run and watch my commodity based PF sink.... :O) Later Al

To: loantech who wrote (37991)	3/8/2006 6:09:02 PM
From: LoneClone	Read Replies (2) \| Respond to of 60901

aAvings rates in the US have been negative for a few years now, and say to say now Canadians have joined Americans in this folly. On the other hand, savings rates in China approach 40%, and their society has largely retained their desire for owning precious metals. I don't know about savings rates in India, but I do know they have the largest middle class class in the world -- up to 300 million people these days -- and there is a reverence for precious metals that has been culturally ingrained over thousands of years. It is the custom for an Indian bride to show off her family's wealth by festooning herself with gold on her wedding day. LC