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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (4515)1/16/2002 3:02:46 PM
From: Canuck Dave  Read Replies (1) | Respond to of 8010
 
We'll base again somewhere.

Might have to consolidate in 4.50-4.60 range for a while.

I think every leg down on the bear market squeezes a few more people out and decreases the ability of the carry trade adherents to keep precious metals prices down.

The big question is whether we get an orderly rise in silver prices, like the past 6 weeks, or a massive dislocation. The rapid route would undoubtedly mean a credit crisis has occurred, which I for one don't want.

CD



To: Alan Whirlwind who wrote (4515)1/16/2002 3:11:51 PM
From: long-gone  Read Replies (1) | Respond to of 8010
 
When there is a bit of silver in every .50 cal. Armor Piercing round used, is there any way it won't go even higher from here?


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