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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Claude Cormier who wrote (12253)10/29/1999 5:25:00 PM
From: Bill Jackson  Read Replies (2) of 14627
 
Claude, The same thinbg that killed Bunkie will kill any player that wants to corner silver. the huge overhang in India where perhaps 50% of all mined silver that ended up as jewllery lies in brides dower silver. When an Indian girl weds she is expected to have a dowry of precious metals and they often wear it, at least in some circles.
When silver went up so high it mobilised a flood of silver from India and there was not enough money in the world to over come it. There are supposed to be as many as 20 billion ounces of silver in India as jewellery? Sounds big but it is only a few hundred ounces per bride on average.

Bill
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