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Gold/Mining/Energy : Silver prices

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To: Tommaso who wrote (967)3/31/1998 8:28:00 PM
From: Casey  Read Replies (1) of 8010
 
Tommasso:

<<My own guess is that the people who for years have been making money bidding silver down on
the futures market are going to be badly hurt over the next eighteen months as the supplies of
silver for delivery on futures contracts continue to be depleted. The price has not risen enough to
prompt crash programs by mining companies to bring mothballed mines back online, and when the
demand hits the inelastic reality of available supply there could be a really violent short squeeze.>>

what do you make of Martin Armstrong's thesis then? Just in case you haven't read it, click on url below and then on 'Silver Squeeze'.

pei-intl.com
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