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


To: Claude Cormier who wrote (650)11/26/2001 10:24:52 PM
From: d:oug  Respond to of 39344
 
yes, but is it easier to find (or) people always look for gold knowing
that they can sell all they get even at these low prices they know
that they will never find gold in huge amounts to drive down the
gold price from $250 - $290 to under $100 or $1, but with silver
might it be easier to find and maybe in huge amounts that like
a farmer growing too much wheat or corn the silver price can
fall from $5 to 50 cents if flooded into the market?



To: Claude Cormier who wrote (650)11/27/2001 12:38:50 AM
From: marynell  Read Replies (2) | Respond to of 39344
 
"Silver is rare." . . . Yes, it is damned rare. That is why I find it so odd that investors have not bought up the physical supply. One Saudi prince could buy up the entire world inventory. Bill Gates' worth fluctuates in a given day by an amount that is equal to the value of 500 million ounces of silver.

I still offer the following conspiracy theory: Anyone taking delivery of 100 million or more ounces of silver will receive "strong discouragement" from the U.S. government.