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

To: Claude Cormier who wrote (648)	11/26/2001 8:23:16 PM
From: d:oug	Read Replies (1) \| Respond to of 39344

Claude, For your "[eventually] silver mines will be profitable again." Is the "The cycles always come back." for gold and silver too much apples & oranges for comparison? Bet Bob Johnson's web site has someplace tucked into a page fold gattering dust of ones and zeros bits a graph that shows the price of silver following the health of world economies ups and downs while gold is much more steady being controlled by politics. Marynell's points are well taken by me a gata nut, but i'm guessing that if one goes back ten years like 1950 - 1990 the silver price most likely was not controlled in a gata bill type manner except when those wealthy men tried to corner the market and were stopped. If i may create facts and reason from my parroting gata bill, then only in these last 10 years has silver been manipulated outside the economics for a reason being that political folks thought it better to include silver into the controlled equation along with gold since they wanted nothing to shine the light of truth on their controlling gold to the extreme level taken, and if so then only in the last 2-5-? years was silver taken over and manipulated like gold using those paper instruments. But then Bob Johnson's web site would be the place for this research. I do have a point which is on-topic, but first i need more babble done. If the price of gold is keep low using the people's gold of the United States to fill physical orders, and the paper gold used to satisfy the bookkeeping of others that move this gold that only exist in future gold reserves in the ground known of, guessed at and hoped for, then once the physical supply in the world's Central Banks really really is all moved out will the game be over. Now since the world economies can continue producing products needing physical gold in the makeup (like electronics) using only a tiny amount, like 1%[?] of whats above ground now, so the only factor that can force a apnic in "no more gold available" is those people buying the gold and taking delivery to find out that delivery is getting to the point of where the supply left is not enough to continue their obtaining huge amounts at these manipulated low prices, and then itssssss off to the races as they each bid higher against each other and spoil the game for themselves and the manipulators. Yes, but until the physical supply is reduced to an almost zero level these buyers of gold with delivery will continue to let the manipulators keep the price under $290 and say as gata bill mentioned them saying to the manipulators "thank you thank you thank you." So we gold bugs etc wait until then, and unless the Howe discovery phase is allowed, or allowed in part with certain areas included, low gold prices will continue even if earth goes to hell in a hand-basket. "in a hand-basket." anyone know were this saying came from? ok, enough as that covers gold in my gata view, but apples and oranges is silver i think that the thing that may flip it from a material needed in great(er) amounts in industry than gold, then in what industries is the silver supply taken off the markets for end uses? Is today's silver supply that "just in time" situation where the amount being mined equals the industrial demands so that above ground reserves are as Marynell mentions, very very low. With world economies slowing and maybe even tanking, then silver demand will decrease, meaning its manipulated price will be easily continued by political force(s). ok, now on topic if if if silver demand did increase and supplies above ground were depleted quickly then apples and oranges maybe not gold reserves in the ground of yes, no + hopped silver reserves in the ground of yes, no + hopped or is it much easier to find and obtain silver than gold from the ground ? Seems so if its a byproduct of other base metals. But then here i'm duh'ing :o) d:oug