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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (21819)7/29/2002 12:27:18 AM
From: Maurice Winn  Read Replies (1) of 74559
 
Some things are not fixable. I wonder if JPM is one of them. I dare say 'they' will take actions which will help stabilize things, such as dumping a few cubic metres of gold on the markets if that's what it takes.

Better to empty Fort Knox or wherever the stuff is stashed if that's what it takes. I have no idea why low gold prices are supposed to be good for J P Morgan. I shall go and read Jay's review to see why.

Maybe I should help rescue the world's economy by buying some of said gold if they are unloading it and need buyers. Nobility should be my middle name.

Mqurice
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