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Technology Stocks : Y2K (Year 2000) Personal Contingency Planning -- Ignore unavailable to you. Want to Upgrade?


To: John Mansfield who wrote (190)4/26/1998 5:02:00 PM
From: Todd J.  Respond to of 888
 
<Buying physical gold vs. buying gold mining stocks
<Interesting opinion.

< Message 4153461

If you buy gold stocks and make a mint before possible Y2K banking and/or market problems, where do you put the money you just earned? Aren't we concerned about the viability of the electronic funds network both in banking and finance? Soon enough you will have to convert your stocks to some form of safe "money." Safeway may not accept gold coins but they do not take stock certificates either. I was under the impression that the oldest known currency known to man that has never failed (gold, silver) was the safest under the circumstances. Can someone explain how investing in gold stocks is a good Y2K alternative?

Thanks,
Todd