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Gold/Mining/Energy : Silver prices

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To: long-gone who wrote (3639)	6/11/2001 4:17:37 PM
From: craig crawford	Read Replies (1) of 8010

>> 1) Few know how much bullion he might hold outright in his own name or no name at his home << true, so it's not worth speculating about. >> 2) I'm not sure his isn't a far greater % than the average American investor << well bill isn't the average person. >> 3) If everything else went to hell & silver went back to prior highs $45-50 US would this 13.6% + any other holdings be enough? << if everything went to hell would silver be only $50? >> 4) could it be a hedge for the quickly coming day Europe starts pushing the use of non lead based solder for all electronics thus allowing his(the game ...) electronics to be near the most profitable electronics? << i wouldn't pin my hopes on that. switching to silver from lead solder is not going to affect demand in a big enough way. >> 4a) Shouldn't all major electornic companies be buying a silver miner? << no, they are in the business of electronics, not mining. now on the other hand, it might behoove them to lock in some metal with futures contracts, but companies are never bright enough to think of that until it's too late.

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