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

To: goldsheet who wrote (4950)	4/24/2002 2:59:59 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 8010

Gold continues to dance the 305 tightrope. Which way will it snap this time? Bob, your posts are nearly always bearish. You got an agenda here? The macro picture for silver looks pretty good to me (I guess I have an agenda, LOL). 1. Rampant fiat money creation by world governments. Stock market and real estate bubbles on last legs. US balance of trade unsustainable. 2. "Implied disinvestment" of silver in last 15 years approaching billions of ounces. The gold and silver carry trade is for real. 3. US not a large holder. No large government holdings with the possible exception of China. 4. Gold and silver stocks perking up dramatically. Stock price movements usually precede the underlying commodities. 5. Long bear market has squeezed out all but the best producers and juniours (Sunshine? CDE?) 6. Investment demand at present practically nil. A potent cocktail in my estimation. All it needs is a spark. Just my opinion. CD