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

To: energyplay who wrote (21053)	8/11/2007 8:38:59 AM
From: Slagle	Read Replies (1) \| Respond to of 218234

Energyplay, There is a very large collectors market for the "curio and relic" military guns, the old bolt actions, rolling blocks and lever actions from times past. There are still sales from arsenals but not many any more. Nepal sold a bunch of over 100 year old Martini-Henry rifles recently and there are still arsenal sales of WWII era guns from the Balkans. Russia and China both still have supposedly HUGE hordes of classic era guns but today there is nothing like the numbers for sale as in the past. Most have already been liquidated. DO you have large gun shows there in California? If so you should go to one, it is quite a history lesson and very interesting. We have some great ones here in Florida, mostly in the winter. At a Florida gun show last year a collector had on display (and maybe for sale, but I doubt it) a fantastic collection of Revolutionary War material, swords that belonged to Washington's staff officers and some printed material from the Revolutionary period. Of course you can see the same things in a few museums, but here you could actually pick up and look closely at these artifacts (if you asked, of course). LOts of these old guns have become very valuable. In particular, US Krag-Jorgensen's and certain US M1903 Springfields. Likewise, certain Mausers, and certain Lee Enfields have become very valuable. Even a rare model of a WWII gun, say a M1 Carbine prototype, of which there are only a few hundred in existence, may bring a very large price. As for shooting, a 100 year old Lee Enfield is still the best sniper rifle ever built. Ron Paul attends gun shows, thats good enough for me. <grin> Slagle

To: energyplay who wrote (21053)	8/11/2007 2:03:47 PM
From: Slagle	Read Replies (1) \| Respond to of 218234

Energyplay. How safe are your Money Market funds? On another website, the one I told you about, there is a very interesting discussion ongoing about this subject. A regular poster there, a bond trader, just posted an interesting story about how a very close friend, another trader, lost $15mm in a Refco MM fund years ago. He tells the story of other guys he knows well lost money in a Drexel MM account, all of the money above the amount covered by SIPC was lost. This guy apparently clears through Goldman and he has recently done some checking on the security of his sweep account there. He is not entirely satisfied. Lots of this discussion is way above my head. The manner in which MM funds are operated is a very complicated business and there is apparently lots of counterparty risk with some of these funds, mainly wiht regards to the "overnight" operations. Apparently the more risky MM funds are the ones associated with some of the trading houses, and the risk is greater than just the condition of the house. THere is considerable counterparty risk, too. I was surprised to learn how much risky stuff one of my MM funds held, so I switched to another. But if you trade, your options are limited. Next thing to worry about? Slagle