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Gold/Mining/Energy : Silver prices

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To: the navigator who wrote (7805)	3/21/2008 10:33:00 AM
From: polarisnh	Read Replies (1) of 8010

up the stairs, I also received an email from American Precious Metals Exchange yesterday (APMEX.com) indicating that their online services were going temporarily off line. apmex.com I also checked with a few others that I have done a lot of business with in the past and saw similar results. kitco.com What is my take on it? I believe that due to margin calls there was a massive short covering undertaking this week that cleaned out the majority of the supply for some of the largest silver and gold suppliers. I also believe that the market for physical silver and gold has shifted into another gear due to a tremendous increase in demand over the past few months. That is my opinion. Cheers, Steve

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