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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: randy kay who wrote (7433)10/26/1997 9:37:00 AM
From: Haim R. Branisteanu  Respond to of 94695
 
Randy, Yes kind of, but not now, only after the FED will start easing to calm the financial panic.(if it will be one otherwise gradually)

Due the turmoil in Asia, we will withness disinflation in the Western World, and a recovery in Asia. The current debacle shaked out many new believers in paper wealth, in a place that GOLD was and still is a store of value.

As a result I see more demand in gold as soon as SE Asia will start to recover. This demand will top the fundamental gold demand which will grow as the standard of living will improve in Asia. By my count they are about 3 billion people there (and growing)and just think the amount of gold needed for each woman there to own a golden ring and ohter modest jewlery. <;|)

Let's say 7 gram per woman x 1.5 billion = 10 million tons of gold

Diamonds and Saphires anyone??

I hope my math is right and it helps

Happy trading
HAim