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Gold/Mining/Energy : GOLD-XAU

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To: IngotWeTrust who wrote (1283)2/8/1998 9:28:00 PM
From: Lalit Jain  Read Replies (1) of 1756
 
ole 49r,

Excellent post.

My fertile mind isn't so fertile today due to a bad headache and a bad cold.

However, thinking over the many possibilities, the only credible one I can come up with right now is they want to lease the silver out like a bank.

Billy Gates is too much of a software nut for him to buy out all the silver and venture into hardware manufacturing. Plus in H/W the margins are lousy.

I don't think Buffett wants to drive Ag prices skyhigh thereby driving Kodak/Fuji stock to the basement and then buying one of them. Although, this is a possibility, what how would Gates get his kicks in this venture.

Of course, Soros is there where ever there is a buck to be made.

Silver leasing is good. Have you looked at the silver leasing rates lately ? The banks are laughing very hard right now !

Yes my pick is "Silver leasing" - just like a bank. I will sleep over the options some more. Of course, the right answer could be worth millions of dollars to big money.

Cheers, Lalit Jain
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