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Gold/Mining/Energy : Silver prices

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To: Alan Whirlwind who wrote (3143)12/19/2000 2:55:52 PM
From: TheBusDriver  Read Replies (1) of 8010
 
<<When oil was at $11 a barrel there where prophets telling us how it was going down to $5. >>

Yep this is close to home for me. I guess the difference was I knew it was not possible for it to go to $5 without some serious dumping by Saudi and they are not interested in cutting their own throats! I guess the difference is knowledge and that is power. I know the oil side much better than the PM side, so I guess I am more confident there and tend to depend on people like you and Bob who are much more knowledgeable about metals than I am.

I only hold equities. I assume you would recommend holding some of the metal as well?

Wayne
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