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


To: long-gone who wrote (2108)9/1/1999 10:34:00 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 8010
 
Richard,

You mean disruption of Society helping gold but hurting silver consumption? Silver has many uses. I'm thinking the collodial will replace photography within 10 years, maybe 5. Bacteria free surfaces will be the factor that finally tips the scales. Unless of course in the near-term Kodak actually takes delivery on the 29 million ounces they allegedly have their grubs on at the COMEX. --Al



To: long-gone who wrote (2108)9/2/1999 11:16:00 PM
From: banco$  Read Replies (1) | Respond to of 8010
 
Events that trigger a 'massive' upward move in gold could hurt silver in the industrial sense. Then silver can adapt its role and become a precious metal and accompany gold on the upswing. The Comex inventory would vanish at that point because the value is relatively small, suitable for industrial purposes but insufficient for investor demand when it strikes. And industrial demand wouldn't vanish, it would just fall back somewhat. Gold and silver part paths during price declines with silver clinging to its industrial demand base and finding support whereas gold runs into...ah, see GPM thread <g>.