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


To: Claude Cormier who wrote (3762)9/5/2001 8:47:33 PM
From: Frank Pembleton  Respond to of 8010
 
Possibly even 1930

I'm not old enough to remember that far back! -- LOL

The reason I mention 1998, I feel that we are just revisiting unfinished business. The business of currency, debt and the notion that consumer spending is going to save the day. Instead, it got put off by the worst bubble in economic history. :)

PAAS will head below $3 possibly much lower

I don't disagree; silver at the moment is under siege by China with their exportation of "off-spec" silver. It’s great for silverware and other low level uses but nothing else and there’s also the mystery of how much silver China has in bank vaults.

BTW: I hold precious metals because I want to be rich, and I can't think of another sector that will afford me this opportunity.

It's that simple!

Regards
Frank P.



To: Claude Cormier who wrote (3762)9/6/2001 2:50:17 AM
From: TheBusDriver  Read Replies (1) | Respond to of 8010
 
<<I hold precious metals because I want to be rich>>

Gee...where have I heard that before?? :-)

CC, it is my understanding that zinc producers are in trouble at current prices. Is it possible some will go broke or cut back production, thereby also reducing the amount of silver coming to the market?

Wayne