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Gold/Mining/Energy : Silver prices

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To: TD who wrote (723)2/16/1998 10:18:00 AM
From: Tommaso  Read Replies (1) of 8010
 
Anyone who wants to enjoy being terrified by the possibility of a disaster caused by computers that don't know what the date is can locate congenial companions at this address:

exchange2000.com

I do enjoy the idea of a person sitting up till midnight on December 31, 1999, surrounded by piles of bags of Kennedy silver-clad half dollars and hoping that the ball on the TV screen will go the wrong way at midnight and that two days later IBM stock can be picked up at 25 cents (in silver) per share.

Maybe that is what caused the extinction of the dinosaurs. That is, it wasn't a meteorite, it was just their computers weren't programmed correctly when 100,000,000 B. C. changed to 99,999,999 B. C.

Meantime, however, the price of silver is going to be determined (unless there is government intervention) by a combination of actual industrial needs plus whatever hoarding, speculation, and short covering occurs. The problem of computer dating is no more relevant to the price of silver than the local newspaper's column on astrology.
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