SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver prices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Canuck Dave who wrote (5015)5/5/2002 1:31:45 AM
From: Fun-da-Mental#1  Read Replies (2) of 8010
 
Well you see, I did research on my own, and the demand picture for silver looked poor. I said so on the drilling II thread (not in the most tactful way), and about 4 guys gave me hell and told me to go to the silver thread where they would explain the bull case to me.

Here are the pros and cons as I see them:

PRO:
-consumption exceeds production
-miners' cost is below current price
-US$ falling
-increasing interest in precious metals
-multi-year silver chart looks like it may be basing

CON:
-falling demand
-price not moving up

Right now I can't make up my mind. Some people claim silver demand is not falling, but I haven't seen evidence to back that up, hence my question.

-Fun-da-Mental
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext