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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (73442)7/14/2001 3:10:25 PM
From: gold$10k  Respond to of 116982
 
<<Where is silver now?>>

E. Graphs, I believe that your chart refers to silver mining stocks, not silver itself which is very cheap these days with a weak chart in the longer time frames...

kitco.com

...but what does it mean when producer stocks are rising while their underlying "commodity" is at 8 year lows? Perhaps, as was recently posted, the cure for low commodity prices is low commodity prices and buyers of the producer stocks see a turnaround coming. OTOH, I see them as somewhat pricey.

vt



To: E. Graphs who wrote (73442)7/14/2001 4:13:55 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116982
 
Where is silver now?

Lower than when Buffet was buying the heck out of it, I believe...

But it's priced based upon its industrial demand, which is different than it's perceived value as a currency.

Hawk