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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: john jansen who wrote (13010)3/22/1998 12:39:00 PM
From: E  Read Replies (2) of 31646
 
Thanks for reminding me to print out Cheryl's links. I'll paste here a few excerpts from the many pages that make it not seem so very outlandish to have conjectured that y2k (with the euro conversion thrown in) considerations might have played a part in Buffett's decision to buy hard silver:

From Westergaard Year 2000 Y2K Tip of the Week, Feb. 16, 98, by Jim Lord:

What if Y2K turns into an economic Chernobyl?

For many, this prospect is so unpleasant to contemplate they refuse to even consider protective measures. This attitude is mystifying to me. As a society, we hold very dear the idea of insurance...

I would propose that insurance against a Y2K-ignited economic catastrophe falls into the same category...

...Fortunately, there is a single prescriptive measure you can take...and that is to own gold and silver coins...

First, purchase coins for their precious metal content only and not for their numismatic value.

The pre-65 coins are the ones I recommend. These coins are called "Junk Silver," because they are simply a form of silver...Take full possession of your coins...Don't store your coins in a bank safe deposit box. You might have a difficult time retrieving them if there are banking problems. Either keep them at home or in a private safe deposit facility.

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