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Gold/Mining/Energy : Silver prices

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To: brian krause who wrote (4069)12/19/2001 7:05:34 PM
From: Canuck Dave  Read Replies (2) of 8010
 
I had somewhat the same reaction, but I'm not as worried.

Look at the silver stocks. They held up quite well. There is something going on behind the scenes and it may come more into focus as soon as this month's delivery day.

Given the amount of secrecy and manipulation in this market, we just have to go with the hard information we can get. Here's what I'm basing my long term faith on.

1. Inflation adjusted, silver prices have almost never been lower (maybe the 20's).

2. (Consumption-production)/supply=X months until CRUNCH.

3. 21% money growth -3% GDP growth = inflation.

4. 3% inflation -1.75% money = Trouble.

CD
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