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Gold/Mining/Energy : Silver prices
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To: goldsheet who wrote (5803)9/22/2002 11:19:00 PM
From: Canuck Dave  Read Replies (1) of 8010
 
Nothing really new there. What tweaked your funnybone?

I was reviewing the CPI numbers this weekend and they have factored in the Chinese sales for 2000. In other words, the silver deficit (102M) would be much larger if you didn't include the Chinese numbers (74M).

Check it out. Scroll down to the chart which contains "Official sales"

silverinstitute.org

But the fact remains that demand and supply are in balance despite the implied disinvestment. End of story.

CD
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