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


To: stockman_scott who wrote (49880)4/11/2002 10:16:53 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
that silver perpetual rise sounds loony, but it is true

I expect over the next 10-15 years, that silver will experience widespread shortage even as more significant applications come to the world of commerce

and photography will continue its march upward in consumption with China and India joined by armies of "behind-the-curve" societies in heavy growth and enjoyment of old photos

I also expect the gap between (gold/platinum/palladium) and silver to be closed
notice that silver has no "other cousins" as gold does
gold has even more distant cousins like rhodium and rhododendrum

silver sits alone atop the world of ultra-cool technologies
and its shortage will become as bad as platinum's is now
its chemical and electrical properties are unmatched anywhere

got some silver proof coins now
gonna get more
they aint producing nomo pre-WW2 silver coins, jagoff
supply is at a dead stop
demand is rising all the time, esp with Fed funnymoney
their asset investment value story is excellent
it has a baseline growth rate plus a beta=3

prediction: silver hits $125 before 2005 (now $4.60)
/ jim



To: stockman_scott who wrote (49880)4/12/2002 12:35:42 PM
From: Wharf Rat  Respond to of 65232
 
I'm still wading thru this for the third time, but I hope he is a better forecaster than botanist. Mighty redwoods from acorns? (Acorns are much much bigger than redwood seeds, so his metaphor actually understates the growth of this tree).

Goldbugs always say this kind of stuff. He refers to a 3 year old article saying the sky was going to fall. If we were to dig around more, we could probably find the same thing from '95 and '91, etc. Howsomever, even a broken clock is right twice a day.

I don't know if it was this article or another, but somebody is predicting $125/oz. (That would push Au up to somewhere in the range of$1500/-2K). Seems a bit overenthusiastic, like some of the stock hype 2 years ago, although I certainly don't see much downside in the metals themselves.
Mining oceans? Pretty expensive. IMO, it is more likely that the metals will be extracted from the water, probably in conjunction with a desalinization plant, to make it economically viable.

What's wrong with a rat's rump in a banana split? Is this guy a rodentophobe?

Rat