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Gold/Mining/Energy : Silver prices

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To: Tommaso who wrote (985)	4/2/1998 1:45:00 PM
From: Bill Ounce	Read Replies (3) of 8010

re: Y2K hysteria and reality it's a bit complicated I flip-flop a bit on this myself. The problem is real, but has technical roots that most people can not (or choose not to) understand. Look for all sorts of silliness to be added to the base problem. Hopefully, Y2K reality + Y2K hype will be good for silver. :-) known examples of hype Gary North (http://www.garynorth.com) interprets elements of true Y2K problems with an apocalyptic Bible-doomsday perspective. I see people (suckers) quoting him as an "expert", but his conclusions do not always follow from the articles he references. Paul Miline on comp.software.year-2000 is yet another example. Think these guys are doing more harm than good because it is difficult for even me to take them seriously. personal gloomy perspective I have worked with automated systems for over 10 years. I know how frequently projects complete on time (virtually never).and I know how "successes" are frequently unmaintainable kludged messes. If enough systems break simultaneously, there is little hope of kludging the kludges into a viable system. personal bright perspective People in this country are resourceful, so some of the horrific problems will be addressed in creative, brilliant ways that no one could have imagined. These "Solutions" will be alternate ways of doing business, (ways of bypassing broken systems, not fixing the broken systems) limits of the problem There appear to be some real risks to electrical power generation and distribution industry. Does the economist magazine address this issue? Electrical power problems greatly extend the limits of the Y2K problem. If this article is correct, y2ktimebomb.com, we could be in bigger mess than we expected...

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