<<Speaking of Y2K....
Recently the Town of Jupiter Island, Florida,(residents include Greg Norman, Dan Marino) the richest town in the USA, average home value $1.7M, has allocated $223,000 for the purchase of additional guns, ammunition, flack jackets and generators among other things in preparation for the coming Y2K. Mind you, this may be off topic but it seems the panic has begun. Trust me, there will be a panic. I'm not sure how this will effect the POG but I don't think it will be negatively. Perhaps this will give the CBs some rallies to sell into.
The US Treasury has already printed $50B in extra cash.>>
What I'm guessing is the banks will be "out of cash", but will "allow" withdrawl via travlers checks or certified checks. For those
paranoid(or not ready) this will drive tehm to their local coin shop to buy gold and silver to replace missing cash via check(BUT it will be at a BIG premium).
I wrote several letters (last year & early this year) to G.Washington U. Y2k project concerning this J.I.T. inventory everyone lives & dies under these days. People are just now begining to wake up.The cupboard will be empty. |
