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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (144056)1/28/2009 10:37:14 PM
From: riversides  Read Replies (1) of 313057
 
still hope for silver,
Brent Cook:I do think the fundamentals for silver are going to improve just because 70% of silver production comes out of base metal deposits. With these base metal deposits being shut down, the silver supply or production is going to drop off and that should be positive for the silver price.

TGR: So regarding silver, you're saying because the base metal mines are shutting down, the production of silver is decreasing, at the same time the demand will increase because of the financial situation worldwide?

BC: I think so.
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