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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Mannie who wrote (48906)3/22/2002 7:14:03 PM
From: Clappy  Respond to of 65232
 
Now that you mentioned it, I recall reading that too.

Thanks.

-SilverClapper



To: Mannie who wrote (48906)3/22/2002 10:00:03 PM
From: Wharf Rat  Respond to of 65232
 
I'm with you guys on the price of metals. Back in the early days of OPEC, gold seemed fairly well coupled to the price of oil, and silver pretty much tracked gold. I don't think the industrial use of silver really figured into the price.

Somewhere along the line, there seemed to be a decoupling, so metals didn't really move along with the price of oil. I don't really follow metal prices, but oil has gone up quite a bit recently without much movement in metals. I wonder if they really only move during inflationary times (or when industrial silver becomes scarce ).

Rat