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.
Technology Stocks : Y2k : effects on non Y2k related stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Mansfield who wrote (3)6/19/1998 7:13:00 PM
From: C Hudson  Read Replies (4) of 54
 
John, It would appear that as we approach 2000, the price of gold seems surely to rise and thus mining stocks should go up accordingly. (I am betting on this at least) However, after 2000, it should be interesting as I read somewhere (perhaps here on SI somewhere) that much equipment such as Caterpillars, etc. have date sensitive chips, especially to remind that service is due. Could that stop supply of Gold? What about railroads used to ship? My thought is that mining may shut down as well. Many gold mining companies may not be Y2K compliant with their computers. With the introduction of the Euro in 1999 and 2000 approaching, I have no doubt Gold Mining Shares will do well, but after 2000, your guess is as good as mine. I plan on selling my gold shares in the latter half of 99 in exchange for physical gold which should continue to go up well after 2000. Any thoughts?
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