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

To: goldsheet who wrote (2569)10/8/2001 12:14:52 AM
From: Claude Cormier  Read Replies (1) | Respond to of 4051
 
Bob,

We had 5.9% in 1980-81 recession from peak to low. But in the more severe 1974 it was 10.7%. Silver production had to be affected no doubt.



To: goldsheet who wrote (2569)10/8/2001 1:14:40 AM
From: russwinter  Read Replies (1) | Respond to of 4051
 
This particular downturn has been especially severe and long lasting, and comes with many companies in already poor shape. I wonder how much financial condition will be the key variable in this one? Intuitively I'd say a lot. If you can't make your payroll or perform maintenance, that could escalate closures. Banks won't want to run them at a loss.


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