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

To: paul ross who wrote (3039)	10/28/2000 10:13:33 AM
From: TD	Respond to of 8010

Paul, thanks for you insight, I do remember reading when Smith said,... fails to mention that Jerry Smith had also predicted that silver would reach $200 by 1986. I never saw the pamphlet though, (a collector's item?). I agree Smith was very accurate on the fundamentals, EXCEPT for the quanity of silver above ground ready for the market. This is the key, if ther truly are 100 of millions of ounces sitting then the price can stay down. Since I honestly do not know, I go by what both CPM and GFMS publish. According to their best guesses silver's above ground hoard has been substantially depleted over the last decade. Time will tell, personally I am giving it about two more years, if Ag is still in the 5-6 range, I will sell and move on. PS If youPM me, I can tell you how to get the latest CPM silver study ,