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

To: Taikun who wrote (40907)	10/9/2008 4:03:41 AM
From: TobagoJack	Read Replies (1) \| Respond to of 218475

just in in-tray, from canadian shipping tycoon with nav north of half bil Does not sound like jay was a very good team player (edit by tobagojack: jay bought out all THREE pandas on display and shared none with the breakfast group) I bought out credit suisse for all coins , inc 1/4 ounces on monday. Was not a lot. still able to source maple leafs in canada via bank of nova scotia. (edit by tobagojack: yes, there is a physical gold bullion short fall; maybe not of bars)

To: Taikun who wrote (40907)	10/9/2008 4:16:57 AM
From: TobagoJack	Read Replies (1) \| Respond to of 218475

regarding <<silver>>, the Force may be revealed to be strong, and no, there is not yet an obvious run on silver regarding silver, always money in traditional china where gold was not plentiful enough, this scmp.com was today: Marine police seize silver bars Regina Leung Updated on Oct 09, 2008 Marine police have seized 51 silver bars â?? worth about HK$4 million â?? during an anti-smuggling campaign in Sai Kung on Thursday morning. About 2am, officers of the Marine East Division spotted people unloading silver bars weighing 1,200 kilograms from a light-goods vehicle. A spokesman said these people were unloading the bars onto two speedboats at Tai Mong Tsai in Sai Kung. Their actions were part of a joint anti-smuggling operation in the Sai Kung area. The 11 suspects immediately jumped into the speedboats and fled when they saw police. None were arrested but some of the silver bars were seized. Marine Police Senior Inspector Mak Chi-man said this was the first time they had seized silver bars in three years, and that further investigations were necessary. The case will be handed over to the Customs and Excise Department. and this news.xinhuanet.com was earlier on Four on trial for smuggling 100,000 kg of silver into Chinese mainland www.chinaview.cn 2008-10-06 16:45:27 SHENZHEN, Oct. 6 (Xinhua) -- Four people have gone on trial here for smuggling more than 100,000 kg of silver from Hong Kong into the Chinese mainland and evading nearly 55 million yuan in taxes (about 8 million U.S. dollars), a court source said on Monday. Guo Bailiang and Huang Zhiqiang, both Hong Kong long-haul drivers, were accused of transporting the silver, hidden in secret compartments of container trucks, to an auto repair garage in Shenzhen in the southern Guangdong Province. Hu Yunpeng, owner of the garage, and a man named Wu Peijia who distributed the silver in the mainland, were also arrested, according to the Shenzhen Intermediate People's Court source. The scam, which started in November 2006, was uncovered eight months later when Guo was caught by Shenzhen custom officers while trying to transport 32 silver blocks weighing nearly 500 kg.

To: Taikun who wrote (40907)	10/9/2008 5:05:25 AM
From: TobagoJack	Read Replies (3) \| Respond to of 218475

just in in-tray player #1 (canadian tycoon): Does anyone have figures for real gold trade vs faux paper gold trade volumes. Trying to get a feel is it 2 x , 10x. If one assume that anyone owning gold does not lend it unless for big premuim in this new hoarding , inflation hedge world. . So then to cover paper trade where does the gold come from. What is marginal impact of physical demand / supply that causes the hockey stick. player #2 (guru analyst): Here's something from my archives: The investors pay continuous attention firstly to the dollar rate of exchange and secondly to the level of interest rates for financial assets. The volatility of these indicators directly influences investor interest in gold. Since this interest is realized not through operations with physical metal but through deals with gold derivatives on stock-exchange and non-stock-exchange markets (where gold is mentioned only as a base asset), the volume of these deals can exceed the volume of trade in physical metal dozens of times. Last year turnover with gold derivatives was about 4,000 million ounces (or 129,000 tonnes), but physical metal actually sold totaled 120 million ounces or some 3,860 tonnes. As it is said: Feel the difference! from Russian central bank chairman speech about gold, Oct 2004 Others may have more data or more recent data, but that ratio noted was about 34:1 and it certainly hasn't gone down since 2004. COMEX alone this year has averaged well over 10 million ounces traded per day.

To: Taikun who wrote (40907)	10/9/2008 8:18:25 AM
From: elmatador	Respond to of 218475

Brazil summoned G-20 an urgent meeting hours after the release of the worst economic forecast by the IMF in years. According to the forecast, Brazil's economic growth would fall to 5.2 percent in 2008 and 3.5 percent in 2009, from 5.4 percent in 2007 News of the meeting followed telephone calls between US President George W Bush and German Chancellor Angela Merkel and Brazil's President Luiz Inacio Lula da Silva earlier Wednesday. G-20 currently has more than 20 members, including Egypt, South Africa and Tanzania from Africa, India, the Philippines and Thailand from Asia, and Argentina, Brazil, Chile and Mexico from Latin America. For the Us consumption Paulson said: "In ... Consultation with Brazil, the G-20 President, I am calling for a special meeting of the G-20 that will include senior finance officials, central bankers, and regulators from key emerging economies to discuss how we might coordinate to lessen the effects of global market turmoil and the economic slowdown on all of our countries," he said in a statement.