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To: John Barendrecht who wrote (3804)12/4/1997 6:41:00 AM
From: Bobby Yellin  Read Replies (2) | Respond to of 116857
 
anybody notice a correlation between Japanese market and precious
metals? is it serendipity,my imagination, or some kind of link?
interesting that in this global market..even though Japan might have
one of the highest if not the highest savings personal rate..(don't
know about their personal bankruptcy rate etc)..their market is one
of the worse(if not the worse) performing market in the world..
I keep on thinking that gold will turn when the Japanese market turns..
also this time will be different..if part of the commodity deflation
was because all the dumping onto the market after the fall of the
iron curtain..this time..with all the closing of the mines and lousy
infrastructure and nothing left to dump...they are creating another rubber band..but when..I guess another clue will be when there are
announcements of buying some of the producers for nickels and pennies..
companies like xxx have profitted so very greatly from this collapse..can you imagine all that sold forward and probably shorted
gold at the same time...wonder if we should check the financials to
give us a hint..geez what a way to crush your lesser brothern..then
they won't even need to buy junior explorations...they can just buy
producers going bankrupt...(guess the central bankers will call it
triage..)
wish I had thought of that earlier...:<
(just heard that Korean market up 7 percent today..because of the
bailout... "O tempora, O mores"..)(sp)-



To: John Barendrecht who wrote (3804)12/4/1997 7:47:00 AM
From: David R. Schaller  Respond to of 116857
 
John, I've never had to show identification on the buy side, but I know that coin dealers in our area require an ID on selling. Don't know if it is strictly a local situation, as dealer indicated it is required by police to assist them solving thefts, or a more general rule to help IRS track tax evaders.

Dave