Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Real Man who wrote (88290)	7/24/2002 12:07:15 PM
From: Real Man	Respond to of 116764

Looks like we have seen the low. BWDIK

To: Real Man who wrote (88290)	7/24/2002 12:17:34 PM
From: PAUL ROBERTSON	Read Replies (2) \| Respond to of 116764

was watching CNBC this am. They were interviewing the vice chairman Shapiro of JPM. One of their divisions is referred to as "ballance sheet relief". Apparently, this division has serviced a number of companies. Imagine, i thought to myself, if they provide this sort of service for other companies, what they are doing for themselves. What a chuckle i had and a kind of sick feeling at the same time. It was quite interesting to watch gold fall about $4 during the interview and the dow futures fall another 50 points. Shapiro stated at the end of the interview that JPM stock is a great buy.... The rumors on the street of a lower stock price for JPM involving certain triggers has me wondering what really might be going on behind the scenes. Amazing, absolutely amazing. Derivative exposure about to hit home? Hope Allan has the presses humming. Sounds like he is going to need an incredible amount of quick cash.