Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (11860)	12/21/2001 4:44:29 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 74559

yes, the big silver squeeze appears to be beginning. the question is only, is it because a hedge fund or two are squeezing the market on purpose (has happened in the past) or is the supplies issue finally coming home to roost. if neither India nor China are selling, the borrowers will be hard pressed to come up with metal to repay leases. an estimated 1 to 2 billion oz. are lent out (i know, not exactly a precise estimate, but the 1bn oz. minimum figure is already a lot obviously). verifiable inventories are below 200m. oz. where's the metal going to come from? it may take a huge price increase to get unreported inventories to consider selling. so yes, it could definitely be the BIG one. especially as nobody seems to be particularly concerned that that might be the case.