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: Alan Whirlwind who wrote (2025)	7/7/1999 9:40:00 PM
From: Claude Cormier	Respond to of 8010

<<Could you briefly explain "spot deferred" I'm sure other lurkers would like to know too.>> A spot deferred contract is a forward sale contract that has only the price of gold locked. It is flexible in the delivery of the gold which can be indefinitely deferred. In other words, if the producer can get a better price by selling his gold on the market rather than delivering it back to the dealers with whom he signed the contract, he can do so. << So you still have the silver stocks. Well, down to 74,000,000 in the COMEX again. >> Silver stocks...I was talking of silver mining companies...The Pan American Silver and others.