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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (646)	11/26/2001 2:15:38 PM
From: marynell	Respond to of 39344

"Obviously in the case of silver one has: Warren Buffet. Even Bill Gates . . . " Yes, it these cases are "obvious" and well-known. The question is why the two of them and other wealthy investors don't buy more. Why doesn't Buffet buy more personally or in his Berkeshire Hathaway account? If it is a great buy, why don't these guys buy it all at less than $5/oz? It just seems to me that something doesn't add up here, and I have a theory was to why it doesn't: The U.S. government will know if an investor is buying hundreds of millions of ounces of physical silver, and that investor will get a visit from the U.S. government, which will inform them that it is not really in their best interest to do this, that business and life in general could become very difficult for them if they actually buy physical silver rather than just playing games with paper silver. People who think that the U.S. government is above such coercive methods have not paid attention to eight years of the Clinton administration.