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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (59511)	10/7/2000 8:17:03 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 116753

Doug, <<silver may become more valuable than gold>> Somewhat agree. The big difference between gold and silver is that there's still a large gold inventory in central banks. Silver is a metal with industrial value that’s at low inventory. It just can't be moved around on paper forever. There will be a day when industrial users ask their suppliers the question "where's my silver?" There's currently an energy crunch. While the political focus is oil refinery capacity and oil supply, the other side of the equation is demand. There may be a worldwide focus on conservation, even if just political. Electricity distribution, electric cars, and other efficiency improvements potentially favor increased use of silver and copper. When the religion of politics speak, reason sometimes suffers. Just like the run in fuel cell stocks a year ago, silver may become a market king?

To: d:oug who wrote (59511)	10/7/2000 11:40:07 AM
From: long-gone	Read Replies (1) \| Respond to of 116753

<<silver may become more valuable than gold>> While I've made money in silver by being there slightly before the big guys hit on this GREAT idea, then selling into the rally they induce with their names, I really doubt Gold will become depressed to the point & there is enough of a rally coming in silver to see that level of win. The industrial demands for silver are great. Were there even a 14-16X price increase($68-81) there would be a great limiting effect on the broad economy of the entire world(& or we would drive replacement Via technology) & would in-turn drive overall demand back lower. I think all here will agree even the most bearish forecasts for price of gold are 2-3X the above prices. At some point there might also be some replacement of silver by gold in a few industrial applications - reflective glass & electronics. Yes, I hear of tests underway for 2nd generation Pb electronics solder replacement by a gold alloy with any possible being more than 10 years away - silver solder replacement of Pb is now only 10-18 months off by most informed sources. disclosure - I've bought back into silver & it's producers.