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Re: [sharechat] Gold up 8 dollars!!


From: hugh webber <hugh.webber@clear.net.nz>
Date: Wed, 06 Feb 2002 08:18:25 +1300


Probably the Argentinians and Kenneth Lay, Nick.

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From: nick <helmett@xtra.co.nz>
To: sharechat@sharechat.co.nz
Subject: [sharechat] Gold up 8 dollars!!
Date: Wednesday, 6 February 2002 7:14

    Very unusual to see Gold rise 8 dollars in one day. There are serious 
worries developing that
equities can no longer be trusted, after Enron and possibly Tyco.
    After sept 11th there were rumours that companies were putting a rosy glow 
on things to avoid
mass panic, the accounting juggling may be coming home to roost. When you 
consider the drop in
profits, in real terms US equities are valued higher in real term than they 
were at their peak. It
is little wonder that gold is being seen as a safe haven.

     Alan Greenspam




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