SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: lbs1989 who wrote (1238)6/3/2001 1:01:41 PM
From: goldsheet  Read Replies (1) | Respond to of 4051
 
> don't remember what BJ said about silver

Wrote this yesterday on another thread:

"Well, I think you know my thoughts on silver. Folks are going to be most surpised when the deficit closes before stockpiles run out and silver stays under $5. With silver demand flat and mine production growing at 7% per year, the silver gap was about 100moz in 2000 and closing fast. It might be 50moz in 2001, and ZERO in 2002 !! I am out on a limb all by myself and probably am the only person who does not like silver (sorry)"

Going back to 16 December 2000, when silver was about $4.50, I said "I have been negative on silver for about two years and was just starting to change my mind to bullish, but think I just talked myself into neutral - just can't see reasons for it to go up or down much from here. "
The following post has more data and some of my "logic" -
Message 15035042



To: lbs1989 who wrote (1238)6/3/2001 1:50:20 PM
From: goldsheet  Read Replies (1) | Respond to of 4051
 
I put the stocks I mentioned in a portfolio using the December 11 price as the cost basis.
I think I did OK, up 27% on average, with a few up over 50%
siliconinvestor.com

I could not add Billiton plc, but it has run from about 250 pence to 358 pence, up 43%
uk.finance.yahoo.com