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

To: long-gone who wrote (2570)2/9/2000 3:55:00 PM
From: Bruce Robbins  Read Replies (1) | Respond to of 8010
 
Richard,

I believe that there was a large amount of unaccounted recycled scrap and stockpiled silver that covered the 100 million ounces needed and believe that there is more where that came from.

Don't forget that base metal mines produce a lot of silver as well.

Bruce



To: long-gone who wrote (2570)2/9/2000 4:43:00 PM
From: Bruce Robbins  Read Replies (1) | Respond to of 8010
 
The average price of silver producers is around $6.00, & IMHO the price won't stay below cost of production much longer.

A good point.

Bruce


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