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monty's double
Borekit Bruiser



Joined: 25 Feb 2008
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PostPosted: 20:25 - 25 Jun 2011    Post subject: dealers closing down Reply with quote
https://rcands.co.uk/

is it me or is the economy heading down the pan again?

must admit i'm not surprised this one has gone pop as the market for royal enfields must be pretty small but from what i could see they turned over classic bikes regularly enough.

must be the usual extortionate rent/business rates/energy costs
combo which killed 'em... Sad
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Conon
Scooby Slapper



Joined: 05 Apr 2011
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PostPosted: 23:14 - 25 Jun 2011    Post subject: Reply with quote
Its not so much that the economys going down the drain again, its just that there is no recovery from the previous recession, despite what the Gubbernment tells us.

Petrol prices are up 40% in 2 years. Prices for staple foods are up 50%. Gas and electricity prices are up 30% with another increase coming shortly. How much has the average wage risen in this time? 4% probably!

The upshot of all this is that the average man on the street has vastly fewer disposable coin in his pocket. Small independent retailers (like myself) are the first to feel the effects of this. You're still going to go out and buy your weekly groceries, but you may not now go out and buy that new exhaust can you fancied, or that jacket that would look great with your jeans.

So, there is no recovery, there cant be while the cost of necessities continues to rise unabated. Dont believe what the Government are telling you, this country will be fucked for a long time.
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SirEdward
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PostPosted: 23:25 - 25 Jun 2011    Post subject: Reply with quote
Conon wrote:
Its not so much that the economys going down the drain again, its just that there is no recovery from the previous recession, despite what the Gubbernment tells us.


No 'recovery' from a previous 'recession' puts the world in a DEPRESSION de jure. We're very close to triggering an all-out collapse, on an order of magnitude larger than the one in Sept. 2008 - most of the peripheral 'sunny' European states are about to default, Greece is leading the pack.

Got milk?
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Pardot Kynes in "Appendix I: The Ecology of Dune""
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crowe
Trackday Trickster



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PostPosted: 23:48 - 25 Jun 2011    Post subject: Reply with quote
Same all over the place.

Ebay sales are mentioned at a local dealers:

https://www.petiteandfrance.co.uk/

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Polarbear
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PostPosted: 00:13 - 26 Jun 2011    Post subject: Reply with quote
Real catch 22 isn't it. I'd love to be able to support my local bike shop, but they cost half as much again for the same thing I can get off the web, and chances are I'd have to order it anyway.

When I bought my busa, George Whites in Sindon offered it to me for £6900. With a written quote from them I went to my local dealer and asked if they could match it. They couldn't/wouldn't come close so I bought it from a place 60 miles away rather than my local dealer.

Give it 20 years and there will be Tescos, Asda and Argos. If you want anything they don't sell, it'll be the internet or tough shit.
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ThoughtContro...
World Chat Champion



Joined: 14 Aug 2008
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PostPosted: 00:26 - 26 Jun 2011    Post subject: Reply with quote
SirEdward wrote:
No 'recovery' from a previous 'recession' puts the world in a DEPRESSION de jure. We're very close to triggering an all-out collapse, on an order of magnitude larger than the one in Sept. 2008 - most of the peripheral 'sunny' European states are about to default, Greece is leading the pack.

Got milk?


Stop being such a pessimist. We have the Bataan Strike Group parked off Syria all ready to go, the likelyhood of real ground troops invading Libya, tension with nuclear armed Pakistan, maybe drawing China into it, all just waiting for the right contrived pretext. What can be better for the economy than huge regional conflict with the potential for low level nuclear confrontation?

Go Obama, the Nobel Peace Laureate Very Happy
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Mushroom
Nearly there...



Joined: 30 Apr 2009
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PostPosted: 01:09 - 26 Jun 2011    Post subject: Reply with quote
Quote:
Stop being such a pessimist. We have the Bataan Strike Group parked off Syria all ready to go, the likelyhood of real ground troops invading Libya, tension with nuclear armed Pakistan, maybe drawing China into it, all just waiting for the right contrived pretext. What can be better for the economy than huge regional conflict with the potential for low level nuclear confrontation?


Exactly the same as it was a few months ago then eh? Only now the Japan based fear of finding that we all of a sudden glow has left our attention....


https://blogs-images.forbes.com/timworstall/files/2011/06/greekbondholdings1.gif


Quote:
public institutions which hold a majority of that Greek debt. So, if Greece were to default it would be the taxpayers who would carry the largest share of the burden.

There are those (and I’m among them) who would argue that this has been done deliberately. No not, in some perverse manner, a method of bailing out the banks from their mistakes. Rather, as a method of not having to bail out the banks as and when the likely default comes. If the banking system had to take a 50% loss (a likely scale of any haircut on a Greek default) in the €340 billion of debt then much of the European banking system would be at serious risk of going bust. And as Lehman and the aftermath showed us, we really don’t like it when banks start to fail. Allowing them to do so is much more expensive than finding some method of stopping them doing so.

And thus the way in which the debt has been concentrated in public institutions like the ECB. While still painful of course, cheaper for the taxpayers to take the loss this way than trying to rebuild a financial system from the rubble of bankrupt banks.


Interesting times i think most would agree that a Europe united by debt and chronic legislation is not a Europe worth being united at all...there experiment has failed and they are on there last legs trying to implement the laughable financial transaction tax - if they are successful then the EU especially Britain is set for huge pain but when they cant get the money to feed the pigs the chances of the European Union continuing are zero.

Not such a bad thought eh?
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Rogerborg
nimbA



Joined: 26 Oct 2010
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PostPosted: 12:08 - 26 Jun 2011    Post subject: Reply with quote
Sorry to see another one go. Sad

A lot of it comes down to confidence. I'm pretty well off and my employer is doing well. I could easily afford to splurge on a new bike or some top notch gear from the local shops, but then I think... what if? What if we lose a big customer, what if we default on a contract, what if we can't meet salary? Who are they going to get rid of? Me, or the graduate who can't afford to buy new stuff because he makes half my salary?

So the money just accumulates, doing nobody any good except the bank, who go and bet it on horses or invest in magic beans or whatever it is they're doing with it these days.
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MinhDinh
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PostPosted: 12:11 - 26 Jun 2011    Post subject: Reply with quote
Dealers made a lot of money on second hand bikes. Now we get cheaper options and cut out that middle man.
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SirEdward
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PostPosted: 13:19 - 26 Jun 2011    Post subject: Reply with quote
ThoughtControl wrote:
SirEdward wrote:
No 'recovery' from a previous 'recession' puts the world in a DEPRESSION de jure. We're very close to triggering an all-out collapse, on an order of magnitude larger than the one in Sept. 2008 - most of the peripheral 'sunny' European states are about to default, Greece is leading the pack.

Got milk?


Stop being such a pessimist. We have the Bataan Strike Group parked off Syria all ready to go, the likelyhood of real ground troops invading Libya, tension with nuclear armed Pakistan, maybe drawing China into it, all just waiting for the right contrived pretext. What can be better for the economy than huge regional conflict with the potential for low level nuclear confrontation?

Go Obama, the Nobel Peace Laureate Very Happy


Nothing helps the economy, which is sinking in trillions of dollars of liabilities, like major KINETIC ACTION, with the aim to kill off the future recipients of said pensions, benefits, who, themselves are currently unemployed. Very Happy
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"Beyond a critical point within a finite space, freedom diminishes as numbers increase. This is as true of humans as it is of gas molecules in a sealed flask. The human question is not how many can possibly survive within the system, but what kind of existence is possible for those who so survive.

Pardot Kynes in "Appendix I: The Ecology of Dune""
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ThoughtContro...
World Chat Champion



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PostPosted: 13:31 - 26 Jun 2011    Post subject: Reply with quote
Rogerborg wrote:
So the money just accumulates, doing nobody any good except the bank, who go and bet it on horses or invest in magic beans or whatever it is they're doing with it these days.


If you have that much paper comfortably padding the bank I'd invest at least a portion of it in physical precious metals, not as an investment to make millions, but as a safeguard for when the currency goes tits up. Gold, Silver and the like will at least hold their true value in a crisis.
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Mord
Nearly there...



Joined: 11 Oct 2008
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PostPosted: 13:37 - 26 Jun 2011    Post subject: Reply with quote
MinhDinh wrote:
Dealers made a lot of money on second hand bikes. Now we get cheaper options and cut out that middle man.


What cheaper options? Enlighten me, because everything seems to be expensive these days.
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SirEdward
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PostPosted: 13:38 - 26 Jun 2011    Post subject: Reply with quote
ThoughtControl wrote:
Rogerborg wrote:
So the money just accumulates, doing nobody any good except the bank, who go and bet it on horses or invest in magic beans or whatever it is they're doing with it these days.


If you have that much paper comfortably padding the bank I'd invest at least a portion of it in physical precious metals, not as an investment to make millions, but as a safeguard for when the currency goes tits up. Gold, Silver and the like will at least hold their true value in a crisis.


Shush you! I want to be relatively better off, than the rest when TEOTWAWKI happens. Wink
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"Beyond a critical point within a finite space, freedom diminishes as numbers increase. This is as true of humans as it is of gas molecules in a sealed flask. The human question is not how many can possibly survive within the system, but what kind of existence is possible for those who so survive.

Pardot Kynes in "Appendix I: The Ecology of Dune""
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Rogerborg
nimbA



Joined: 26 Oct 2010
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PostPosted: 13:50 - 26 Jun 2011    Post subject: Reply with quote
I still have my bunker and Spam Mountain from Y2K. Wink

Yup, I should do something with it, but the lizard part of my brain says: as soon as it's not readily spendable, it'll be "We have some bad news" time at work (again).

Ah, I'll splurge next year when my 25kW expires. Honest.
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GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
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sickpup
Old Timer



Joined: 21 Apr 2004
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PostPosted: 14:51 - 26 Jun 2011    Post subject: Reply with quote
What did people expect to happen?

It's like the Chinese brake discs on ebay that warp. They warp because they are shit yet people still buy them because they are cheap rather than buy decent quality parts.

Slightly different to what happened with breakers yards where people just started selling direct then everyone and their dog decided they would break bikes from their back garden and prices dropped further.

It's a free market economy and people are more connected than ever.
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Mushroom
Nearly there...



Joined: 30 Apr 2009
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PostPosted: 15:15 - 26 Jun 2011    Post subject: Reply with quote
Quote:
If you have that much paper comfortably padding the bank I'd invest at least a portion of it in physical precious metals, not as an investment to make millions, but as a safeguard for when the currency goes tits up. Gold, Silver and the like will at least hold their true value in a crisis


If the currency you bought them with is paper play money exactly what value do they hold? Laughing The time to get into gold was when it was $500 an ounce and smart money loaded up - everything since then is fear hedging and speculation - when large holders start to move back into equities the selling pressure will kill gold over night.

1500 an ounce may be the wrong time to load up as a true value protector Laughing
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SirEdward
Could Be A Chat Bot



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PostPosted: 15:29 - 26 Jun 2011    Post subject: Reply with quote
Mad_Mushroom wrote:
everything since then is fear hedging and speculation - when large holders start to move back into equities the selling pressure will kill gold over night.


Speculation - the only way to preserve wealth in this environment, since apparently ZIRP has taken over the CUNTsumers' brains and, apparently, Mr. Keynes is still right in their own delusional worlds.

Back into equities... LULWUT: you mean the 300 billion Facebook valuation IPO? How about the increasingly accelerating devaluation of the USD & the Pound?

The world is One spark away from major Kinetic Action™.

Quote:

1500 an ounce may be the wrong time to load up as a true value protector Laughing


If adjusted for inflation, it would be 50% off the peak of 1980s.
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"Beyond a critical point within a finite space, freedom diminishes as numbers increase. This is as true of humans as it is of gas molecules in a sealed flask. The human question is not how many can possibly survive within the system, but what kind of existence is possible for those who so survive.

Pardot Kynes in "Appendix I: The Ecology of Dune""
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MinhDinh
World Chat Champion



Joined: 01 Jan 2005
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PostPosted: 15:49 - 26 Jun 2011    Post subject: Reply with quote
Mord wrote:
MinhDinh wrote:
Dealers made a lot of money on second hand bikes. Now we get cheaper options and cut out that middle man.


What cheaper options? Enlighten me, because everything seems to be expensive these days.


I didn't say cheap, I said cheaper, as in a secondhand bike from private is cheaper than from a dealer.
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Mushroom
Nearly there...



Joined: 30 Apr 2009
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PostPosted: 17:14 - 26 Jun 2011    Post subject: Reply with quote
Quote:
Speculation - the only way to preserve wealth in this environment


If you have under 100 million there is no requirement to preserve wealth anything knocked off will be recovered in due course - why do you focus on the long term apocalyptic? You are not a fund struggling for a long term return, intraday and swing trades are plentifully.

Quote:
Back into equities... LULWUT: you mean the 300 billion Facebook valuation IPO?


Odd how its smart money who will profit from the IPO? You know full well its hyped aimed at retail investors the very investors who will be the last to act when gold is left for dust...its nothing new.

Quote:
How about the increasingly accelerating devaluation of the USD & the Pound?


How about that currency's are being purposely devalued, do you understand the model behind that?

Quote:
The world is One spark away from major Kinetic Action™


May be so the worlds an eventful place how ever being a full time pessimist removes all value from your predictions, its a constant cycle of something happening- panic posting the most negative extremes as imminent consequences - it blows over - its forgotten like it never happened and then its back to "the end of the world next week Wink" "oh its so going to happen Wink Wink"

What happened to the "summer of recovery" those stolen atomic arms set to give us a show if i remember rightly?

Quote:
If adjusted for inflation, it would be 50% off the peak of 1980s.


State your case when the major holders manipulate a rally to sell into strength and then the shorts have a party...casually investing of ones savings is not wise especially into an asset the Public believe is a sure thing...thats all..
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Mord
Nearly there...



Joined: 11 Oct 2008
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PostPosted: 17:53 - 26 Jun 2011    Post subject: Reply with quote
MinhDinh wrote:

I didn't say cheap, I said cheaper, as in a secondhand bike from private is cheaper than from a dealer.


Privately has always been cheaper than from the dealers. The problem is most of the people cannot afford paying cash these days so buying from a dealer is the only option. Private sellers don't offer a finance.

I bought my last car privately for cash and I was very happy with the price indeed. And after nearly a year of driving it I can say it is a gem Thumbs Up

Most of the newish bikes on the market seem to be mint when sold privately.. from the dealers they are quite often tatty. I guess people only px tatty bikes.
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MinhDinh
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PostPosted: 18:02 - 26 Jun 2011    Post subject: Reply with quote
Mord wrote:
MinhDinh wrote:

I didn't say cheap, I said cheaper, as in a secondhand bike from private is cheaper than from a dealer.


Privately has always been cheaper than from the dealers. The problem is most of the people cannot afford paying cash these days so buying from a dealer is the only option. Private sellers don't offer a finance.

I bought my last car privately for cash and I was very happy with the price indeed. And after nearly a year of driving it I can say it is a gem Thumbs Up

Most of the newish bikes on the market seem to be mint when sold privately.. from the dealers they are quite often tatty. I guess people only px tatty bikes.


I think with the internet, it's easier to have a look at bike. More people can access the net than buy bike trader.

Yes finance is good I suppose, but it's not worth it most of the time.
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SirEdward
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PostPosted: 18:08 - 26 Jun 2011    Post subject: Reply with quote
Mad_Mushroom wrote:
Quote:
Speculation - the only way to preserve wealth in this environment


You are not a fund struggling for a long term return, intraday and swing trades are plentifully.


I'm most certainly not a peasant fund manager, where long term is the only term it works. Fuck, it's even worse than being in the hedge fund business right now. Laughing

Quote:
Quote:
Back into equities... LULWUT: you mean the 300 billion Facebook valuation IPO?


Odd how its smart money who will profit from the IPO? You know full well its hyped aimed at retail investors the very investors who will be the last to act when gold is left for dust...its nothing new.


I take offense at your proclamation of a top being in with regards to Au. Holding PMs is transitory, when facing a sovereign crisis of the mightiest nation on this planet in the history of Mankind. Wink I'll sell my gold to the IMF for SDRs, when they're legal tended in every single country.

Quote:
Quote:
How about the increasingly accelerating devaluation of the USD & the Pound?


How about that currency's are being purposely devalued, do you understand the model behind that?


You reckon there's a lot of export of produce going on from the US, or the UK? I think you're missing the hundred trillion derivative market, which is being propped by Mr. Ben Bernanke at this point.

This action has nothing to do with a sovereign's well being, since central banks are private entities, well, at least in the United States the Fed is, and they could not care less about you. Razz

Quote:
Quote:
The world is One spark away from major Kinetic Action™


What happened to the "summer of recovery" those stolen atomic arms set to give us a show if i remember rightly?


Stolen atomic arms will be put to use by the same people who brought you Recovery Summer 1.0 and 2.0. Wink

Quote:
Quote:
If adjusted for inflation, it would be 50% off the peak of 1980s.


State your case when the major holders manipulate a rally to sell into strength and then the shorts have a party...casually investing of ones savings is not wise especially into an asset the Public believe is a sure thing...thats all..


How do you manipulate a rally of the most liquid asset on this planet? Well, apart from leverage, but the margin calls have already been made, there is no room to fall anymore for PMs. You assert that there is no capital flight from the United States and that very influential people are not putting their billions, where the sun doesn't shine.

I won't comment on PMs being in the public spotlight. LOL

I now know why you go after me, Mr. Bond: you're lost, and looking for financial advise. I'd rather put my money where my mouth is. Very Happy
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"Beyond a critical point within a finite space, freedom diminishes as numbers increase. This is as true of humans as it is of gas molecules in a sealed flask. The human question is not how many can possibly survive within the system, but what kind of existence is possible for those who so survive.

Pardot Kynes in "Appendix I: The Ecology of Dune""
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Hetzer
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Joined: 19 Feb 2007
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PostPosted: 18:37 - 26 Jun 2011    Post subject: Re: dealers closing down Reply with quote
monty's double wrote:


must be the usual extortionate rent/business rates/energy costs
combo which killed 'em... Sad


This. ^

When every scumbag parasite, landlords and govt, have taken their hand out of your pocket you're lucky if you've got enough left to buy a loaf of bread.
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Hetzer
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PostPosted: 18:40 - 26 Jun 2011    Post subject: Reply with quote
Greece...we end up bailing them out and paying for the last decade of their life-style, when we have our own debts to contend with. WTF? But god forbid the bankers don't get paid off and have to forgo the latest Porsche model.
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Rogerborg
nimbA



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PostPosted: 19:02 - 26 Jun 2011    Post subject: Reply with quote
You're forgetting that if you cross-spread an incubator accumulator in SPIDS derivatives the cloud-side pull can amortise your risk portfolio contrariwise right over the shanking point and poise you to exploit an emerging wolverine market regardless of whether it reefs or flutters.

That advice will be £500. No, I don't take cheques. Shifty Whistle
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike
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