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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Follies who wrote (76181)3/6/2001 5:48:00 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
thanks for this info...seems to me that may become a great counterweight to the eventual decline in photographic demand...as i have repeatedly mentioned, i believe silver will be subject to a palladium-style renaissance. above ground inventories have dwindled to 7 decade lows, and even lower by some accounts. since the market is short via leasing we could be in for an unruly price explosion once the stocks are finished. COMEX stocks have fallen by 70% over the past 5 years, and i have heard that a recent buyer of 600 contracts is still waiting for delivery, in spite of over 8K contracts in deliveries officially having been settled. this looks very suspicious to me...it may well be that the deliveries are smoke-and-mirror back and forth trading of the same inventory to keep up appearances.
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