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Gold/Mining/Energy : Yamana Resources INC. T- YRI
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To: PSkars who wrote (1921)1/4/1999 12:16:00 PM
From: Daytek77  Read Replies (1) of 2346
 
Phil

There is no focus on commodities in general. The mantra that central banks will sell gold is used by commodity and hedge fund to short. Silver supplies have been shrinking for 9 or ten years I believe. There will come a point within the year IMHO that silver will rise because there are no ready supplies to fill the gap. THis is what
Warren Buffet sees and he will make a bundle once this scenario plays out. We are not there yet but Comex supplies continue to dwindle. There will be a lot of boiled frogs in the not too distant future.

Tony
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