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To: lorne who wrote (31747)4/14/1999 11:37:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116768
 
Hi Lorne:
this internet craze reminds me so much of the Japanese stock market and its leveraged real estate where money was coming out of inflated prices of real estate.. the money was based on nothing..but I wonder how much money was created in that mania and I wonder how much money evaporated when the bubble burst
I just wonder how much money these shares in internet that have no earnings and probably most will never have earnings have been used to leverage all the other internet goodies..
it would seem that once reality comes back..the internet mania is defintely a fantastic reason to buy gold and silver shares..
much more scarey to me than year2k(I am not scared of year2k actually)



To: lorne who wrote (31747)4/14/1999 5:22:00 PM
From: Ken Benes  Read Replies (1) | Respond to of 116768
 
Lorne:

What is going to happen to that extra demand for gold coins next year if the y2k is not as calamitous as predicted on this thread. The aftermath would be disastrous for the POG. Envision the scenario in which y2k fizzled and a lot of that doomsday gold hit the market after the fizzle. You would have declining demand and increasing supply. 250.00 gold or less. Just food for thought.

Ken