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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (43507)3/24/2002 12:21:23 AM
From: Jane4IceCream  Read Replies (1) | Respond to of 99280
 
Re silver & individual stocks......

PAAS and SSRI have excellent charts poised for breakouts IF the PM is on the verge of breaking out here.

As well as gold shares like DROOY, GOLD, etc...

I think investor sentiment tends to favour gold in the long run just based on the "illustrious" history of mankind's search for and exposure to the enticement of the metal.

I, as an example of a simpleton when it comes to PM investing think gold shares first then silver.

Of course, many other factors come ito play but the simpletons like myself think gold.

IMHO,
Jane!



To: Joan Osland Graffius who wrote (43507)3/24/2002 7:49:01 AM
From: Zeev Hed  Read Replies (4) | Respond to of 99280
 
I think that you are right about copper and ot throwing off additional silver on the market (it is the same relationship with aluminum and gallium), that might be actually another reason silver may not go far, since copper prices have started to rise (wit the whole CRB), and with the boom in housing, probably supplies of copper could become tight, that may induce reopening of copper capacity, and if silver demand does not go up at the same rate as copper, over supply may develop. I don't think it is a "slam dunk" one way or the other. As for the Japanese recent appetite for gold, quite understandable, but a little late and a little overdone (buying at three times their normal rate of buying).

Zeev