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Gold/Mining/Energy : Silver prices

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To: long-gone who wrote (2396)1/10/2000 1:40:00 PM
From: TD  Read Replies (1) of 8010
 
This is what I was thinking about FWIW

Speculation Up On Buffett Buy

NEW YORK (Reuters) - Warren Buffett's purchase of 20 percent of the world's silver may anticipate a new use for the metal in fuel cells, according to an
upcoming report by an industry consultant. ``Scientists are racing to develop the next generation of fuel cell batteries used to power electric cars, laptop
computers, cellular phones, submarines and satellites and one of the most promising is silver-zinc fuel cells,' said Richard Siegel, managing partner at
Chilport Proprietary Research, which is set to publish a report called ``Buffett's Silver Lining' on April 6, 1998. On Feb. 3, 1998, Buffett announced
that his company, Berkshire Hathaway, had bought 129.7 million ounces of silver between July 25, 1997 and Jan. 12, 1998.
td
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