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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (11973)12/3/2006 7:16:38 PM
From: TobagoJack  Read Replies (1) | Respond to of 217815
 
Hello Pezz, Last Friday's Report:

I exchanged for more physical gold, at average cost of USD 652, to correct the wrongs of Asia’s trade surplus with N.America. I continue to unloading USD/HKD paper as they come into my possession, for the more precious stuff.

Hong Kong had effectively ran out of retail monetary gold for at least that day worldmarket.blogspot.com

It was as if a bunch of folks or some body had snarfed up, snorted in, inhaled, engulfed and devoured, and emptied HK out of the precious stuff, and left in their wake a bunch of paper money, causing interest rate to drop, and gold to rise and disappeared.

I understand this is true Message 23065279 , and if so, we are a lot closer to the end-game than I had previously believed.

Chugs, J



To: pezz who wrote (11973)12/4/2006 8:11:28 AM
From: TobagoJack  Read Replies (2) | Respond to of 217815
 
Hello Pezz, Today's Report:

I went back to Heng Seng Bank HQ today, the one I had mentioned that was effectively out of physical retail monetary gold this past Friday Message 23066709 , and bought a few coins of the American Eagle variety at HKD 5030/coin (HKD 7.78 = USD 1.00).

I asked them whether they reloaded on Canadian Maple Leaf bullion. They told me that they only have Maple Leaf bullion in nicked, scratched or otherwise imperfect condition, and should I ever sell it back to them after purchase, they would charge me an 'imperfection fee'.

Failing to help balance Canada's trade a/c with Hong Kong, I visited the official distributor of Chinese Panda gold coin. I was told that they had no 2006 variety left, but do have 2007 version. I loaded up on 50% of my annual normal acquisition of Panda gold, figuring I might as well do so before price breaks 700.

Chugs, J