Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (34437)	5/24/1999 2:39:00 PM
From: Ahda	Read Replies (1) \| Respond to of 116790

Jim what say you to the downgrade of banks.

To: Jim McMannis who wrote (34437)	5/24/1999 5:15:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116790

<<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.