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Gold/Mining/Energy : Silver prices
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To: Mark Bartlett who wrote (856)3/9/1998 9:31:00 PM
From: Char  Read Replies (2) of 8010
 
FWIW, I received the latest issue of SAFE MONEY today.They are warning everyone to get out of all silver and silver stocks. They say the world is awash in silver and they estimate that as much as 500 million ounces may be sitting in private vaults in London. According to them WB wasn't the only one loading up on silver in the last year. It was being purchased by others and being shipped to London. They say it could fall to $4 an ounce before it starts to recover.
For the record I don't have any silver but do own some PAASF.
Dave
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