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To: IngotWeTrust who wrote (24168)	12/11/1998 6:45:00 PM
From: goldsnow	Respond to of 116972

Experts Suggest Coins as Y2K Insurance 07:49 p.m Dec 09, 1998 Eastern DALLAS--(BUSINESS WIRE)--Dec. 9, 1998--A new Internet website (www.y2kcoins.net) explains why old coins might help solve a new problem. The Y2K bug is easily understood: for decades, computers and processors have been programmed to interpret years using only two digits. One second past midnight, on Jan. 1, 2000 (01/01/00), hundreds of millions of "intelligent" devices will believe the year is 1900. Y2kcoins.net attempts to explore possible consequences of this worldwide problem, and aid buying decisions for hard-assets. Bullion/coin packages (valued $1,000 to $100,000) are offered at extremely competitive prices, ranging from only 5% to 10% over current dealer "bid" prices. "Just starting to correct the Y2K problem," noted Co-Chairman Steve Ivy, "has already cost companies and governments hundreds of billions of dollars. One expert predicted problems through 2012; another's worst-case scenario suggests 100 million American deaths from a six-month loss of electrical power. While this seems far-fetched, some problems do seem certain." "America's Y2K problems will probably be minor," agreed Co-Chairman and bestselling science fiction novelist James Halperin, "but we just don't know for sure. As a futurist, I've tried to rationally predict consequences. I'm most concerned with embedded chips lurking on the corner power pole or gasoline pump. Technological life's become so complicated, so interconnected that a major problem in one area can ripple throughout the economic sector. Bullion coins seem a prudent precaution for families worried about a banking crisis. And a sensible position in American gold and silver coins can be great insurance against temporary problems with paper assets or credit. Coins also have other advantages; at a minimum, we expect values of these assets to rise as 2000 approaches." Reasons for purchasing U.S. coins: 1) U.S. bullion coins are government backed, with well-known precious metal content. 2) When banks closed during previous financial crises, merchants accepted gold and silver coins over paper money. 3) Coins are portable; their ownership is private. 4) Numismatic coins have proven an excellent store of value throughout world history; they're liquid, with known values. 5) Hard asset values should climb as Y2K concerns grow. Heritage Rare Coin Galleries, the world's largest rare coin dealer, is headquartered at 100 Highland Park Village, 2nd Floor, Dallas, Texas, 75205-2788. Their showroom is open weekdays from 9:30 to 5:30. Visit their website and sign up for free updates at www.heritagecoin.com or www.y2kcoins.net. For information call Chris Lane: 800/872-6467 ext. 243, or press contact: Cathy Hadd ext. 216 cathy@heritagecoin.com.

To: IngotWeTrust who wrote (24168)	12/14/1998 4:13:00 AM
From: Alex	Read Replies (1) \| Respond to of 116972

Canada prepares for worst case millennium bug scenario Copyright © 1998 Nando Media Copyright © 1998 AFP OTTAWA (December 13, 1998 6:40 p.m. EST nandotimes.com) - The Canadian government may invoke emergency powers in 2000 in case chaos and panic results from the Year 2000 computer bug, the Ottawa Citizen reported this week citing an official report. "Among the activities that must be done to meet the problems resulting from Y2000 failures is development of relevant emergency orders and regulations required for the invocation of emergency provisions under the Emergencies Act," the report said. "In the worst case, we should consider the Emergencies Act a potential source of special powers," the Year 2000 Contingency Planning Group of Emergency Preparedness Canada said in the report. It recommended that the legislative procedures needed to implement the Emergencies Act should be ready by the end of March next year. Defense ministry spokesman John Blakely told the paper that invoking special powers was only a prudent contingenced at the time," Blakely said. According to the paper Canadian troops have already been advised to prepare for what would be the greatest peacetime deployment of soldiers in case of unrest or other troubles due to the computer bug. The deployment operation, known as "Abacus," foresees the imposition of martial law and soldiers assisting the police, the paper said. Computer experts have predicted many systems -- including those controlling banking, power and transportation -- could shut down with the advent of the next millennium as their two digit date system fails to distinguish between 2000 and 1900. nando.net