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Gold/Mining/Energy : Precious and Base Metal Investing
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To: russwinter who wrote (774)12/8/2001 3:25:47 PM
From: Claude Cormier  Read Replies (1) of 39344
 
Russ,

I don't know is Buffet really has his silver on leases, I doubt it, but if he does, I doubt he will renew them. He will keep the silver long at that is what could bring a liquidity crisis on physical silver.

As for production cut in silver due to base metal production cuts, I have read an estimate of 10% or some 50M ounces less silver in 2002.
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