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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject8/30/2001 10:55:33 AM
From: Frank Pembleton  Read Replies (2) of 36161
 
David Morgan, Precious Metals Analyst
"Prospecting for Silver"

Note: In the interview, Morgan talks about the silver/gold ratio. I previously stated in one of my post that the average was 40:1, I'm wrong, it's actually 16:1. Presently the ratio stands at 66:1 and can be followed using Kitco's home page. Another thing I noticed is that Morgan doesn't talk about China and their efforts to dump "off-spec" silver into the marketplace. "off-spec" is great for silverware, but useless in the high tech/biotech sectors.

Regards
Frank P.

financialsense.com
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