SI
SI
discoversearch

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 : Silver prices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry Haraksin who wrote (352)12/28/1997 10:59:00 AM
From: Tommaso  Read Replies (1) of 8010
 
Eever since the creation of the FDIC in the 1930s there have been no bank panics. The closest thing was some uninsured savings banks in Maryland about ten years ago, but even that was quickly stopped.

I am afraid that I still do not understand the direct connection between the Y2K problem and the price of silver. The inflation that is possible is another thing. The fed is already buying bonds and thereby adding to the money supply at a much higher rate than in recent years.

The Y2K problem is just a somewhat more complex version of what happens whenever the telephone company changes the area code. It's probably a very good thing since it will cause a lot of obsolete software to be updated or replaced in the next two years, and will add to the efficiency of government as well as business. It will increase the income of computer programmers but seems unconnected with silver prices.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News