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Gold/Mining/Energy : Gold Price Monitor
GDXJ 124.11-13.6%Jan 30 4:00 PM EST
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To: heraclitus who wrote (26036)1/12/1999 6:46:00 PM
From: John D. McClure  Read Replies (1) of 116947
 
Hey Homer,

After perusing the draft Y2K Contingency Plan on the NRC website-specifically the section on regulatory response, which do you think would be the most risky: bending the rules to let these plants run (The NRC evidently felt it would cause more harm by shutting them down than to risk Y2K-related problems by letting them run.), or shutting them down in advance?

I have read in several different places that it takes around four months to properly shut down a nuke plant-but at least one thread warrior takes great issue with that info. Whether you shut the damn things down in September or November, that is 20% of our capacity-which evidently we can't do easily without (Well, maybe California could since they have all that hydropower).

By the way, I am beginning to warm to the idea that the fabled "they" have somehow hit on a reliable way to manipulate the gold market via derivatives. It is eerie that it is so range-bound despite (insert crisis here). I have been buying physical silver in small quantities mostly Eagles and junk silver-however I did pick up some 1/10 ounce Gold Eagles just for diversification. I think the Silver Eagles are the most beautiful silver coin today.
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