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Gold/Mining/Energy : Coeur d'Alene Mining (CDE) -- Ignore unavailable to you. Want to Upgrade?


To: Robert J Mullenbach who wrote (324)12/25/2000 10:27:49 AM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 621
 
Merry Christmas to all Holders, there is always hope.

gold-eagle.com

So, now we have some facts and history to use to our advantage. If one
looks at both silver and gold and does some comparisons we find the silver
supply is less than gold. Most of the gold ever mined is still with us, most of
the silver ever mined is gone. The above ground supply of silver amounts to
roughly one year's demand. The silver producers and recyclers will not be
able to meet the demand because silver has been in a deficit of about 10
million ounces per month for the past ten years! In other words, there is not
enough silver available from any source to meet this demand. Can we
conclude that silver is currently underpriced relative to gold?

I am not sure what the reader will conclude from this article but as for
myself, I have some more Christmas shopping to do and I am thinking of
giving something rare and beautiful this year, and not too expensive either.