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

To: long-gone who wrote (2560)	2/9/2000 11:24:00 AM
From: Bruce Robbins	Read Replies (1) \| Respond to of 8010

Richard, In spite of these new applications that you have presented, I do not see silver prices shooting through the roof in the long term. There is a very significant scrap component that seems to appear out of nowhere when the price rises. Perhaps in the short term, Buffet and Gates see a price spike. Over the long term I do not see silver prices moving and sticking to a significantly higher plateau (lets say $50) due to an increase in demand. I see them moving more as a function of inflation. Perhaps I am wrong. My problem with silver metal is that it is very abundant compared to its friend gold, thus vulnerable. How many ounces of silver does the average person have in their house? Gold? PGE's? Bruce