Silver prices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Silver prices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (769)	2/21/1998 8:37:00 AM
From: David Luton	Read Replies (2) of 8010

Re: Potential Sale and Leaseback We have to remember we are dealing with an extremely sophisticated man. Silver lease rates remain high on the latest Kitco output as of this morning. Yet the price of silver hasn't responded as many silverbugs expected with this short squeeze. Certainly Mr. Buffet doesn't want government intervention but if Mr. Buffet offers to 'lend' silver back who can complain. I speculate the following: The supply crunch is real: Mr. Buffet is getting his money by leasing silver at today's lease rates short-term partially to avoid government intervention. (These are pretty attractive rates of return). For the mechanics consider a sale and leaseback philosophy on a real estate property adjusted for the commodities market. Silver prices will rise but not like 1980's and I expect not too much above the $10 - $12 range that the Indian recycle factor will kick. Get ready for a longer term play. Certainly in my own stock picks that is the way I have set it up. These are the speculations of a recent amateur to this thread. Maybe some of the pro's can comment. Dave.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next