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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (2507)12/22/2001 3:38:57 PM
From: Canuck Dave  Respond to of 4409
 
Thanks Claude, appreciate your reasoned input.

I'm starting to appreciate the secretive nature of the market, though. Probably NOBODY knows who's got what. It does appear that the collective 'whatever' has driven the price of silver far below equilibrium point.

On that list of plays you gave me, no existing producers are making money at silver less than 5$. If true, it can't last forever. Buy more silver stocks, folks. One day the cork's gonna rise to the surface.

CD



To: Claude Cormier who wrote (2507)12/23/2001 6:56:08 AM
From: TheBusDriver  Respond to of 4409
 
Well said CC you ole pump and dumper!

Wayne



To: Claude Cormier who wrote (2507)2/7/2002 9:01:52 AM
From: Jon Matz  Read Replies (2) | Respond to of 4409
 
Goodmorning Claude,

<There is only 8 ounces of silver for each ounce of gold in the earth crust. In terms of the gold/silver exchange rates, the historical ratio is 16.>

Where would one be able to confirm the ratios of supply and value?

The lower chart on the following link shows the spread from 1971, note that a 16:1 ratio would be 0.0625 on the chart and we've only approached 6 very briefly in 30 years, and it was a manipulated event.

cairns.net.au

Can someone provide a link to a chart with say a 200 year long term spread?

Thank you, Jon