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Gold/Mining/Energy : Gold Price Monitor

GDXJ 120.19

-1.4%

4:00 PM EST

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To: Gary who wrote (6379)	1/21/1998 2:21:00 AM
From: Jim Ilchyshn	Read Replies (2) of 116844

I have not read Armstrong's bearish reasons for silver but I can guess that one of them is the dwindling use due to digital photography. Well if you think that billions of people in Russian, China and India can afford a digital printer and camera versus a cheap standard camera, I have some high tech stocks to sell you.... Many of the people in the third world are just beginning to experience the photographic phenomenom (can't you remember the Japanese visitors?) and I think silver demand will explode as this trend continues. Not to mention the still lacking quality of digital photos. - Jim. (the guy that has lost respect for Shorty I mean Marty Armstrong).

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