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Gold/Mining/Energy : Silver prices

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To: Claude Cormier who wrote (1518)	1/4/1999 11:22:00 PM
From: ForYourEyesOnly	Read Replies (1) of 8010

Silver at $1.20! No, I'm not predicting a bear......to the contrary, it seems that we are at rock bottom now...... In 1970 $'s, silver is apparently now priced at about $1.20. (Calculation from Ted Slanker: divide current price by 4.25) That seems like a very interesting price level........silver was a good buy then.......perhaps it's a good buy now? "All I know is that we will see $17 in the years ahead." If you are right, I am sure we will all be smiling! "I am already positioned in silver stocks and don't care about timing. " For better or worse, the majority of my PM speculation money is also in mining stocks.....we will prosper/suffer together on this one. Good luck & many thanks! THC

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