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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

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To: Alex who wrote (1356)	8/27/1997 11:07:00 AM
From: Richnorth	of 116764

El Ni¤o threatens global weather calamities GENEVA - The "El Ni¤o" weather pattern gathering momentum in the Pacific Ocean could spark an unprecedented number of global calamities before it dissipates in the spring, world climate experts predict. The system can cause flooding in California, searing droughts in Brazil, Africa and Australia, severe storms in the central Pacific, and a decline in hurricanes hitting the southeastern United States. It appears likely to be the largest climate event of the century, exceeding one that occurred in 1982-83, according to scientists at a three-day U.N.-sponsored conference. The weather system consists of a warming of the waters off equatorial South America that causes climate abnormalities around the world. Its name, a Spanish reference to the Christ child, comes from the historic Christmas-time arrival of the system's warm waters in South America. "We have never observed such high ocean temperatures in July in 150 years," said climatologist Jagadish Shukla. "And the only reason we say it will be the largest in 150 years is because we don't have any data from before then." By The Associated Press

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