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To: goldsnow who wrote (3469)11/23/1997 7:27:00 PM
From: Gary  Respond to of 116815
 
Try:

yahoo.com



To: goldsnow who wrote (3469)11/24/1997 8:15:00 AM
From: Bobby Yellin  Read Replies (2) | Respond to of 116815
 
thanks a lot for reminding me that some countries' currency policies..
thanks for reminding me of my naivity about governments..
wonder if military action against Iraq will depend on how close
US recession is?
I didn't mean the boom in the US equity market..I meant the boom/bust
in the emerging countries and the bailouts..who profits the most?
the investment bankers..do the rulers of the countries really get
that hands on that much?(the bailout of s and l did make fortunes for
insiders..I still like to think of them as the little kids in school
who cheated on their homework and tests..desperate measures..probably
zero self worth..haunted by "impostoritis"(just coined that I think)
also..friend explained that a lot of this asset inflation in NYC
is the result of people making deals with banks and only putting down
five percent..(they people do have a lot of assets...wonder if it
is shades of margin buying on Japanese real estate..wonder if those
assets are equities :>..
also think I got a friend upset..she signed up to work for discount
department store for XMAS so she could get discount..good discount..
of course she spent so very much more than she got paid..she said
she bought some gold bracelets..and got 1/3 off the already reduced
price as an employee..then I told her the current bad news..that the
amount of gold in the 14k machine made bracelets were probably neglible and they should be even a lot cheaper...didn't fly too well..
still think a jewelry manufacturer or a start up company with no
backlog of gold went out and bought a lot and then sold a lot of earrings and bracelets and necklaces ...cheap..they would make a
fortune..besides hoping to stimulate some buying..(I say machine rather than handmade...machine costs have gone down..now probably
down a lot further with the meltdown )