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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.68

+5.0%

Nov 10 4:00 PM EST

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To: Zardoz who wrote (61318)	11/26/2000 7:34:32 AM
From: lorne	Read Replies (1) of 116753

Hi Hutch. been very little on the news about this. Any comments.? Argentina's debt crisis is a global problem. Saturday, November 25, 2000 " These soaring interest rates on risky debt are, in effect, a prophecy of future troubles for the world economy." " A scenario for the next world financial crisis is already obvious: a default by a big debtor - maybe a country, maybe a big corporation (say an over-ambitious telecom company) - creates a bond market panic. " " What worries me is this: The bond market is warning us of turbulence ahead. " Full story >>> smh.com.au

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