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To: Abner Hosmer who wrote (23427)11/25/1998 11:51:00 PM
From: TEDennis  Read Replies (3) | Respond to of 116752
 
thomas/Marcos: I know several of them thar "really smart people who know computers and operating systems" who are discussing the stockpiling issue, but I don't know anybody personally who is actually doing it.

There will absolutely, positively be interruptions in the normal course of business. Too many firms are too far from being "done" with their compliancy modifications, and there's not enough time to get it all fixed.

I'm all for being prepared to survive a few days of inconvenience just in case the local power hiccups, but I don't think buying 25 acres in Northern Montana is necessary.

As the Boy Scouts' motto proclaims, "Be prepared!".

But, don't get carried away.

TED (#23432 ... a palindrome ... ascending, then descending sequences)



To: Abner Hosmer who wrote (23427)11/26/1998 1:48:00 AM
From: marcos  Read Replies (2) | Respond to of 116752
 
thomas - hi, long time no see ...... yes, I think we are an adaptable species and we'll muddle through just fine all in all. Sure there will be problems on 01/01/00, but as you point out in your post to Ted, there are problems all the time. Most jobs are just a continuous series of problems to solve - that's certainly the case with my old day job as a logger - if it isn't one damn thing it's another, and working things out becomes a matter of routine. We lost our power here last night because trees blew down on the lines. Works fine now. Having a moderate stash of food and candles and fizzy beverages is just normal prudence anyway.

What I can't see in the y2k fear thing is a good reason to expect it to influence the PoG. Not that I'm saying it won't - fear is often irrational and the strongest fears are of the unknown - but I just can't see it as a logical fundamental mover of gold. Grinding on about it as such makes goldbugs look ridiculous, imho. There are good and sound reasons to expect a recovery, like the coming Euro/US$ shift mostly, and then possible signs that long-term downward manipulation may be about to ease ..... on that Bill Murphy has a piece today #reply-6569136 ... which I take with a grain of salt to counteract the hyperbole, but find interesting just the same.

TEDennis here knows his tech from his toenails, he's the CEO of FBNA, which made SI and y2k history this April #Subject-20060 ... magneticdiary.com
Their y2k fixer products have been recognised at the highest levels;
magneticdiary.com

dvid - if you put the whole url in, it becomes live ... like this;
abcnews.com