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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: McDavid who wrote (35175)3/7/2007 6:40:22 AM
From: koan  Read Replies (1) of 78426
 
Re silver, they are my own ideas. It sort of makes a difference on how long it takes something to double.

If I buy $10,000 worth of silver and $10,000 worth of gold and silver doubles first-------well!

Many less silver mines than gold mines. And silver has been to $50. Gold would have to reach $2550 to equal $50 silver today.

Also, most silver mines are found near the surface and many are played out. As an industrial metal silver adds a lot to its demand.

As a monetary unit silver is as valid as gold and always has been. I do not see why gold is better than silver? Quite the opposite it seems to me.

To each his own-lol.
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