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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Canuck Dave who wrote (81893)	2/12/2002 1:45:41 AM
From: Enigma	Read Replies (2) of 116764

IMO the enquiry into Enron will drag on for months. Who knows what is going to come out or who is going to be dragged down by it - but one of the serious side effects is on the whole credibility of the accounting profession and in the credibility of financial statements and therefore results and forecasts. What are earnings? What is cash flow? If gold is going to rise all the ingredients are now in place. Especially with a U.S. Administration which is quickly losing allies around the world on the foreign policy front. The greatest threat to America is not El Quida or the Taliban - it's in it's overweaning self importance

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