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Politics : Stockman Scott's Political Debate Porch
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To: stockman_scott who wrote (2947)7/23/2002 10:50:32 AM
From: Jim Willie CB  Read Replies (2) of 89467
 
wow.. maybe banking problems both abroad and in NYCity

I still think we will see a nightmare in foreign banks
esp Asia and South America

but this field report indicates weird stuff going on
last Friday we had a teaser glimpse that JPMorganChase was having liquidity capital problems
not a peep since
but I havent searched long and hard for a followup

I take it "C" is Citibank, Citigroup

it is my firm belief that the stock market is declining for an UNSEEN UNSTATED reason
and that has to do with banking generally

thanks for that diddy from the field
if a bank crisis unfolds within the USA, then gold will shoot up
/ jim
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