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Gold/Mining/Energy : Silver prices
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To: James M. Belin who wrote (2644)3/7/2000 10:40:00 AM
From: TD  Read Replies (1) of 8010
 
Silver is being shifted from London to New York in a shell game. This is what is happening. Very few remember but, when Warren Buffett bought silver only 90M ounces were reported as delivered, the other 40M ounces were not reported as anything. My guess, and let me say it again GUESS, is that the remaining 40M was leased and why not lease rates were near 10% when the shorts were scrambling to cover.

Now silver is moving into the Comex for what purpose. Perhaps to cover a large delivery to whom? BH maybe?
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