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Gold/Mining/Energy : Silver prices

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To: goldsheet who wrote (5678)8/18/2002 10:59:01 PM
From: Canuck Dave  Read Replies (1) of 8010
 
LOL, you got to throw out the Russian judge in that silver contest.

Definitely skewing the statistics. Seriously, in my mind it all comes down to the availability of physical silver for delivery. If there's ample supply and the spot market is smooth, the paper shorters can get away with any old game. If not, the game changes.

You can't predict when or even if the game will indeed change since the physical amounts are closely held secrets. Looking at the rest of the market, most other asset classes seem very dangerous, with companies awash in credit and options.

I've had a very good year so far and can afford to wait things out. My biggest trading flaw (still) is I get bored and try to force things I really know aren't there. Once I can enforce some consistent discipline on that front, maybe I can avoid those 30% hits....

I still like silver in the long term.

CD
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