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Non-Tech : The WOLF PACK
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To: Spark who wrote (998)6/30/1999 9:24:00 PM
From: CBurnett  Read Replies (1) of 1692
 
I traded SILVR during the last big break out.Knowing futures like I do I am always synical.It has been known for over a year Buffet was leasing his silver back to the Markets and keeping the price down.When India's economic problems developed and our trade sanctions threatened because of nuclear proliferation,Silver was held back.The Most reigning fundamental is Silver production has been lagging behind demand.However with copper prices being at 10 year lows Silver again was kept at a modest price.This is interesting because maybe someone holding large contracts is long.I will check with my broker who can talk to the pit tomorrow.Anyone else who is interested and going straight to the source may call Gary Fullet @ 1-888-389-4795.He knows the market well.
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