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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: John Mansfield who wrote (931)1/20/1998 2:40:00 PM
From: John Mansfield  Read Replies (1) | Respond to of 9818
 
'bullion coin sales in the United States at the highest levels since 1987'

Just coincidence, or is there sone connection with y2k? Investors starting to buy coins? Just a guess.

John

-------

From the POG thread:
exchange2000.com

'Hints of a short squeeze.

From USAGOLD daily commentary. ** Rumours ** starting about a possible squeeze that may soon occur caused by long positions demanding delivery of metal instead of paper.

May not happen but it's interesting to see that the notion is surfacing.

USAGOLD 10/20/98 (my bolding ... for skimmers)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
MARKET UPDATE (01/20/98) AM----- Gold was off a little in early in New York trading with at least one bullion bank selling into a strong opening. Gold was strong in foreign markets overnight. Hong Kong was up on short covering and bargain hunting. One trader attributed the strong Hong Kong market to Indian buying and Japanese short covering. The overall market has been characterized on the demand side by strong consumption in India and bullion coin sales in the United States at the highest levels since 1987. '



To: John Mansfield who wrote (931)1/21/1998 11:32:00 AM
From: John Mansfield  Respond to of 9818