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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: PAUL ROBERTSON who wrote (88223)	7/23/2002 1:00:33 PM
From: Real Man	Read Replies (2) \| Respond to of 116752

Bad gold loans, I guess? Should not gold soar when they do this? I think it's not gold that's killing JPM. Rather dollar/euro swaps. However, JPM practically is the only bullion bank, with the majority of gold derivatives

To: PAUL ROBERTSON who wrote (88223)	7/23/2002 1:46:28 PM
From: arizzzona	Read Replies (1) \| Respond to of 116752

Hi Paul, I don't think JPM can go down without taking most of the markets with it. It's just too big. The derivatives they hold are like a ticking financial H-bomb. JPM must be saved at all costs ... which will certainly include intervention in the markets. I don't think they will let gold get away ... but it would be nice it they lengthen its leash by 10%. : ) ================= Bob, great contributions lately. Thanks. -AZ