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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.67

+0.4%

Jan 14 4:00 PM EST

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To: long-gone who wrote (28495)	2/17/1999 2:09:00 PM
From: lorne	Read Replies (2) of 116856

Y2K comments--- As for the money supply, banks are the most heavily regulated industry in the country, said John Koskinen, chairman of the President's Council on Year 2000 Conversion in Washington, D.C. They get ratings of 97 percent to 98 percent compliance in every survey he's seen. “I joke with bankers that it's a testimony to the joys of federal regulation,” Mr. Koskinen said. The Federal Reserve is prepared to put $50 billion more into circulation “just in case people want a couple of dollars. We can print more bills faster than they can take them out.” enquirer.com;

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