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Gold/Mining/Energy : Silver prices

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To: Mark Bartlett who wrote (286)	12/16/1997 2:33:00 PM
From: Todd J.	Read Replies (3) of 8010

I have visited this forum once before. I thought I would check it out again to see what the topics were. I've gone back about 25 posts and notice alot of talk and amazement about the price of silver and its rise. Yet not one person has attributed it (even partly) to Y2K. Does anyone have any idea what will happen to the stock market as we approach 1999? Are you aware that all of the computer systems that control trading in the financial markets around the world are not year 2000 compliant?(And they won't be. Not enough time left. They started too late) Bank's computer systems around the world are also in the same condition. Hence, the mother of all bank runs will occur. None of these systems will be repaired on time. Do you know what this means for precious metals and silver in particular? Are you going to leave your money in the bank when 1999 rolls into 2000? How about stocks? Are you going to hold onto them to see if the mainframe computer they are stored on will crash or not? Research this. Find out if it is true. Get to your search engine and put "Y2K" in the box and see what comes up. Here is a start with tons of documentation... garynorth.com Also, here is an excerpt from a book by Tony Keyes about surviving the meltdown: y2kinvestor.com "For years, financial experts have recommended gold as an excellent way to add diversity to your portfolio. Why? Because the price of this "hard asset" generally moves contrary to other "paper assets" such as stocks and bonds. That will never be more true than in the coming electronic asset crisis. Precious metals may move up marginally in the wake of the first wave correction, as investors internalize the impact of Y2K costs on corporate profits, but the huge moves will come later. Once investors begin to appreciate the threat to everything they hold electronically, precious metals will skyrocket. In hard financial times, this has always been true." Y2K is the driver that will push silver and gold prices way up in 1998 and into 1999 just before the biggest crash this world has ever seen. Check this out for yourself and I highly recommend Tony Keyes book, THE YEAR 2000 COMPUTER CRISIS: AN INVESTORS SURVIVAL GUIDE. You can find it at the above address. Please feel free to comment. I would like to know what others feel whether they agree or not. Todd

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