Silver prices Message Board

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Gold/Mining/Energy : Silver prices

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To: kingfisher who wrote (1186)	5/24/1998 10:59:00 PM
From: philv	Read Replies (2) of 8010

Richard: I think the mere fact of Silver's relative inexpense (1/50) compared to gold makes for waste, and much has been lost over time. Silver has some real industrial uses unlike Gold. However, it is possible to be invested in Silver and Gold, one does not exclude the other. But Armstrong's attitude seems more than just bearish toward silver. It is as though he really dislikes the metal. However, he is extremely highly regarded, has a big organization and important clients. So, I for one do not dismiss lightly what he has to say, and worry that his prediction of low Silver price will come true. (He stated on a local talk show this spring that Silver could drop to 3.50) However, most of the articles I have read before and since do not support his position. What's a guy to do? One expert says buy, the other says sell. Phil

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