Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (1871)	6/7/1999 2:35:00 PM
From: Robert Douglas	Respond to of 8010

All true, but also all true for a long time now. Not entirely. The big difference is that world output is poised to start growing faster, IMO. In 1999 the IMF predicts that total world output will grow about 2%. This is the slowest rate of growth since the slowdown in 1991 when the rate was 1.8%. Between those two troughs silver consumption grew at 5% a year. I think that we will return to these levels of growth with the recovery I am predicting. With supply growing more slowly than consumption, inventories will increase their rate of depletion. Sooner or later the elastic will snap and sharply higher prices will be the result. Timing is never an easy game, but I believe that within a year the markets will begin to recognize the imbalances that have been created in the silver market. -Robert