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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: sbic who wrote (15614)	8/10/1998 6:53:00 PM
From: Ahda	Read Replies (2) of 116782

Y2k From what i have read foreign countries will have larger problems my own personal feeling it is highly unlikely everyone is going to run to the banks to pull out money it wouldn't be a very sharp move. Might be much delay in processing but some smart attourney will come up with suit against the Fed or State on interest due . Might not be y2k that implodes this economy but the result of the suits that could be had. If someone is an attourney please comment would a suit be legal or not. If one looks at this y2k as world doom i think one is going to far .. Because if it is doom we are all going to go manual for a bit and that can be done. Rather like an earth quake you make do you have no choice. Just what in blazes would someone do with 10 million in their pocket hire body guards? Sixty percent of the populous doesn't even think stock market but credit cards and no savings. Might be a blessing to them if all collapsed. So the average Joe's thoughts in my opinion are not applicable here. All the above with the exclusion that currency is in my mind is the new cold world war. Political juggernaut could be nuclear war mind games. I would watch the US dollar. Play derivatives if i were you then China and Asia and yes gold. If some miracle doesn't pull up Asia before y2k pulls down Asia = to print we will have to go. That will just increase our balance sheet. In my mind the IMF bailout may end up being the biggest blunder in history. . I am very confused at present searching for answers and finding taxes being reduced on exports in Australia. Pose your questions to him Please ahhaha find him at subject At a bottom now for gold? I trust his judgement.

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