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Gold/Mining/Energy : Silver prices

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To: shelby3 who wrote (7867)10/5/2008 1:37:00 AM
From: shelby3   of 8010
 
What I wrote here:

Message 25027971

I did not totally anticipate the complete take down by the bankers. However, if you were following me in the private forum where I post daily, you will see that I was at 2 different times thinking to get entirely out of all stocks (Oct 2007 and March 2008) and was sort of talked out of it by my forum mates. I also tried to sell 50% of my silver at $21, but was hindered by the person who was holding my silver for me at that time.

If you read my article:

goldwetrust.com

I am not saying silver is 5x more rare than gold (above ground and definitely not below ground), but rather I am saying that the silver that can come to market in the next several years, is roughly in the same ballpark as the amount of gold that can come to market.

As of right now, silver dealers can not get any silver, and I hear that the COMEX has in the past week started to refused to deliver largest silver contracts.

We are apparently within weeks or months of the big moonshot in PHYSICAL silver. I am not sure if ETF owners will ever get to profit, because they will forever be locked into dollars, never to get the premiums on PHYSICAL.
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