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

To: goldsheet who wrote (3136)	12/16/2000 11:28:33 AM
From: TheBusDriver	Read Replies (2) \| Respond to of 8010

I must be thick or something. if we are consuming ruffly 75M oz a month (900/12) and 1/2 of that comes from production or 37.5M oz/mo. If the other 1/2 were to come from comex (94M in storage) that is only a 2 or 3 month supply! Even if you factor scrap in you couldn't strech the supply shortage by more than a few more months (say 6 mo.) Additionaly I don't see how stockpiles can grow to cover demand if we are only producing 1/2 of the demand. Something is hidden from our view and it has to be a major player in this equation I would think? Etiher that or far more silver is produced than is reported. Wayne