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Gold/Mining/Energy : PAAS : Pan American Silver -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (141)1/30/2001 8:25:38 PM
From: bambs  Respond to of 294
 
agreed...the question is simply when?

bambs



To: Canuck Dave who wrote (141)1/30/2001 9:13:28 PM
From: paul ross  Read Replies (2) | Respond to of 294
 
>>>Weird action today. Somebody dumped 500K shares when spot silver dropped.<<<<<

Toronto and NAS only did around 300K each???.... Action of late resembles a distribution- very choppy action. Have they moved the market up to sell off more of their shares? Or is this just disappointing action to accumulate more of the weakly held shares after the rise up from the mid $2 level. Whatever the case I feel we're going some place soon. My guess would be higher.



To: Canuck Dave who wrote (141)7/3/2001 3:36:42 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 294
 
alternative math for precious metals

ECONOMIC SLOWDOWN + DIGITAL PHOTOGRAPHY + WORLDWIDE UNISON

= REDUCED INFLATION + LOWER INTEREST RATES

= DECLINING METALS PRICES

long way from an international currency panic
the more immediate threat is econ slowdown and deflation
energy commodities are trending down, not up
interest rates are likely to come down some, in reflection of economy

any panic intlly might only serve to lift metals off the floor
where they are most likely to hit again and again

silver is the industrial precious metal
digital photography is laying waste to growth

/ JW