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To: Ahda who wrote (13644)	6/22/1998 11:23:00 AM
From: IngotWeTrust	Read Replies (2) \| Respond to of 116871

Darleen & John: Fine art a/w/a collectibles=suitable goldbug diversification. I have experienced a specific instance of Japanese collectors in my particular collectible market, a collectible on which I'm considered by some to be an expert: worldaccessnet.com As such, in an attempt to protect their Yen denominated assets, Jas. collectors have pushed the purchase price of these collectibles in both private treaty sales a/w/a major auctions by 4 fold. Talk about inflation: A doll selling for $1.50 in 1913-1917 now brings $4,000 to $7,000 each, and in some cases, up to $40,000 per piece, a staggering increase for the American collector. This particular collectible DOES have a tie to Japan's pre WWI past, I'll grant you. But the recent buying binge is not entirely tied to their love affair with 1913-1917 bisque dolls that had formerly been made once upon a time in their fair land. Funny how money is protected, eh? Ole Kewpie Lover extraordinaire 49r

To: Ahda who wrote (13644)	6/23/1998 10:30:00 AM
From: John Lacelle	Read Replies (2) \| Respond to of 116871

Darleen, I agree that we are looking to be overbuilt soon. All of the signs are flashing that overproduction is starting to breed recession. I think that one of the strongest indicators is that of Intel (INTC), which keeps saying that there is not enough demand for their chips. Scary. Intel was one of the Juggernaut companies of the 1990's expansion. Your real-estate example is important. I think we will start seeing a downturn soon as the money starts drying up. As for the Union people, I never understand why companies like GM don't give their employees stock option plans. Nobody would ever vote to strike if they were in the money on their stock options. Its just an example of the old style of busi- ness vs the new. If this strike continues for a month, I bet the economy will start slowing down just because of the strike. GM is actually a gigantic portion of the US economy. Back on topic, does anyone think gold is still a good hedge investment? I was starting to investigate gold stocks as a hedge about 1 year ago. I saw an ana- ylist on CNBC tout Pegusus Gold (PGU) on the AMEX. Recently, that baby just fell to zero! That scared me. Maby silver is a better metal to own...Buffett likes it. What do you think? -John