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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.29

-0.9%

Dec 1 4:00 PM EST

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To: Oak Tree who wrote (22958)	11/14/1998 2:53:00 PM
From: denekin	Read Replies (1) of 116790

Paul, as I understand it, gold goes up when the public feels it can't rely on its government and financial institutions. A Y2K catastrophe on top of shakey banks, and a non compos mentis government will prompt people to turn to gold and silver as a security and as a substitute for dysfunctional or non-existant cash. And while technically computer companies should make a lot of money off of growing y2k problems, I suspect there might be interesting hysterical responses if the problems are really bad and long lasting. After all, computers and all technology related to computers are obviously the work of Satan...

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