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Gold/Mining/Energy : Silver prices
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To: Claude Cormier who wrote (675)2/8/1998 10:16:00 PM
From: dave  Read Replies (1) of 8010
 
Hi Claude!
The popular response these days on the high price of silver is that it will not sustain because the largest importer of silver, India, won't pay these higher prices.Do you have any experience or records of the silver consumption of India during the 1970's when silver went through the roof.Did they in fact stop buying at a certain point?
Many thanks in anticipation of your reply or other experts in this matter.

Dave T.
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