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Gold/Mining/Energy : Silver prices

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To: TD who wrote (1071)	5/6/1998 6:29:00 AM
From: Mark Bartlett	Read Replies (3) of 8010

TD, Thanks and like wise. <<BTW, Mark or ?? Did we ever get that report on fuel cells that was put out a little while back by some "analyst" that claimed he thought Buffett bought because of this new use for silver?>> As I recall, it was Buffett's connection to the battery company (forget which one) that prompted the opinion that more silver may be used in a new generation of batteries .... I have heard nothing more in this area. As far as I know , it was just a guess. <<Also can anyone post what Mr. Buffett said on May 4th to his stockholders regarding his silver position?>> All I have heard on this front is a couple of comments that indicated he felt that silver was in a fundamental short supply and sooner or later the chickens were going to come home to roost. Apparently he has not sold any (as some analysts, one in particular that works for a large firm and is alleged to spread false rumours to benefit himself and his company's short position with both silver and gold) would have you believe. Apparently he has leased some out. That's the extent of what I know. Take care, MB

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