Gold and Silver Stocks and Related Commentary Message Board

STOCKTALK

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.

Politics : Gold and Silver Stocks and Related Commentary

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Jamey	10/14/2005 10:52:31 PM
	of 18308

Will Silver surpass Gold? Ted Butler says that there is only 1/5 the amount of above ground silver when compared to gold reserves. This is a buyers market! The Silver Users Association (SUA) is urging the Securities and Exchange Corporation (SEC) stop Barclays from creating a silver backed Exchange Traded Fund, according to Reuters. In a desperate move to block the ETF, the association made a plea to the SEC that argued that the economy could suffer if silver prices spike. freemarketnews.com NEW YORK, Oct 12 (Reuters) - A U.S. silver industry nonprofit group opposes the creation of an exchange-traded fund backed by the precious metal amid concerns such an investment product could make silver too expensive or illiquid in the world market. The Silver Users Association is especially concerned that a new ETF might threaten jobs in the silver industry, as it would require large amounts of metal to be held in vaults and out of reach of the marketplace, a spokesman said on Wednesday. today.reuters.com Santiago

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next