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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.43

-4.5%

Nov 20 4:00 PM EST

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To: long-gone who wrote (34190)	5/19/1999 1:10:00 PM
From: John Hunt	Read Replies (2) of 116764

American Bankers Association - Cash Demand And Liquidity Risk Issues And Year 2000 Readiness << I. DEVELOPING A Y2K CASH CONTINGENCY PLAN Background One of the uncertainties inherent in preparing for the millennium date change is the potential increase in currency demand. Consumers and businesses may react in diverse or unpredictable ways to real or perceived Y2K-related problems, and part of that reaction could include the demand for increased amounts of cash, to be available for the purchase routine consumer items (groceries, fuel, or medicine) or business needs (inventory, payroll, operating expenses). A financial institution should take steps to forecast and prepare for the expected cash demand of its customers, and to develop a plan to maintain and distribute any increased cash volume. For purposes of this article, currency and cash will be referred to interchangeably, and the term "bank" will be used to indicate any insured depository institution ... cont'd ... >> aba.com Get ready for more bank propaganda and surveys. :-))

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