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Gold/Mining/Energy : Gold Price Monitor
GDXJ 90.01+2.8%Nov 5 4:00 PM EST

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To: Real Man who wrote (88219)7/23/2002 12:58:06 PM
From: PAUL ROBERTSON  Read Replies (3) of 116752
 
i agree VI, JPM and C are going down. The fed will do all in its power to prevent it, inclusive of providing free money. Their problems are that they have not even begun to write off the bad loans that they have made. The loans that will be provided by the fed can't be worked in as earnings ; { The street will be watching the accounting like a hawk. No one with a head on their shoulders believed JPM's recent earnings release. The public will go crazy if they learn that JPM and C are permitted to surf while they experience such pain. Sounds kinda like Japan to me.
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