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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: goldsheet who wrote (62432)	1/3/2001 2:20:18 PM
From: Ahda	Read Replies (1) of 116756

We can also tell our frozen friends that California requires energy to stay cool if the weather trend it above ninety this summer, that we are Short electricity and it looks like rain at this point. This all translates to water, ag and higher price. FRom AG Meanwhile, companies are having a harder time making their debt payments. ``Pockets of weakness have emerged, especially in large syndicated credits,'' said Fed Chairman Alan Greenspan in a Dec. 5 speech. ``I believe that these developments are inducing more realistic assessments of risks by banking organizations.'' Is this good news that banks are coming to the conclusion they aren't investment bankers or they know diddle poop about tech in other words. And what does the interest rate mean long term? More liquidity and debt to ease debt by refinance and create more paper service? How freely flow the dollars when need is truly the mother of innovation and excess creates Rome. The rains come and the sky clears it is a natural process.

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