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Gold/Mining/Energy : PAAS : Pan American Silver -- Ignore unavailable to you. Want to Upgrade?

To: Bill F. who wrote (6)	7/3/1999 11:57:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 294

Bill, I notice a shelf offering at PAAS. Can you give me some insight into this action? Joan

To: Bill F. who wrote (6)	7/4/1999 1:18:00 PM
From: Superhawk	Read Replies (1) \| Respond to of 294

In a Private Message I invited you to the new PAAS thread. You responded online: "superhawk here i am. what can i do for you? within reason (bg)?" Reminds me of a classic Henny Youngman line: "A gorgeous young woman in a tight skirt walks up to me in a ritzy hotel lobby and says, 'Honey, for $200.00, I'll do anything you want.' Great, Sweetheart! Paint my house." I don't want you to paint my house. But I am interested in your take on Warren Buffett's move into silver. His recent investment plays, IMHO, have been most conservative. He raised a lot of cash. He diversified brilliantly into bonds by buying a bond-heavy re-insurer with stock, thus avoiding capital gains on sale of Berkshire Hathaway shares. His move into silver would not be terribly extraordinary, except that he took physical delivery! He built a secure warehouse and staffed it with guards to protect his huge hoard. First, why not gold, platinum, and/or, palladium? Second, why not paper ownership of silver? What does this guy know that the rest of the investing world doesn't? Is it Y2K?