Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (11084)	4/24/2002 8:16:48 PM
From: Square_Dealings	Read Replies (1) \| Respond to of 36161

Because the silver is minted into a coin and the costs of that plus distribution are factored in. Anyplace you buy silver or gold you are going to pay a premium over spot price, unless you buy futures and take delivery on COMEX bars. 1 COMEX contract is for 5 ea. 1000 oz. bars. On Amazon.com sells stuff for less than it costs them and gets away with it -g- Losing on each trade and making it up in volume.. M.

To: waverider who wrote (11084)	4/24/2002 11:37:38 PM
From: inchingup	Read Replies (1) \| Respond to of 36161

waverider: --Help me out here a bit. With silver at 4.59 why would I want to buy a silver eagle for almost 7 bucks. Maybe I am showing my ignorance...but...-- Sounds like a good deal compared to the following: --Reuters Business AOL Time Warner Posts Massive Net Loss By Reshma Kapadia NEW YORK (Reuters) - AOL Time Warner Inc. (NYSE:AOL - news), the world's largest Internet and media company, on Wednesday posted a $54.2 billion net loss, the largest ever U.S. quarterly net loss, after taking a whopping charge to reflect the decline in the value of its assets. The company, home to CNN, People magazine, and television shows like ``The Sopranos,'' also reined in its total 2002 cash flow growth forecast and cut its outlook for its AOL unit -- one of the weaker performing units of the quarter and a source of concern. The weakness at the online unit in the first quarter due to the ad slump was offset by strength in its cable systems and film business, which had recent hits like ``Lord of the Rings.'' Wall Street had been bracing for the worst and was somewhat relieved. ``The stock was trading for another shoe to drop and it didn't happen. The online ad piece certainly wasn't good news but I don't think it was a disaster,'' CIBC analyst Mike Gallant. ``On the quarter, I'm relieved. It wouldn't surprise me to see a relief rally tomorrow.'' The company posted a first quarter net loss of $54.2 billion, or $12.25 a basic share, compared with a net loss of $1.37 billion, or 31 cents a share, a year earlier. The loss is almost as big as the 2001 gross domestic products of Hungary and the Czech Republic, according to the OECD.-- biz.yahoo.com After the Bell: AOL Climbs, Techs Edge Up NEW YORK (Reuters) - AOL Time Warner Inc. (NYSE:AOL - news) rose in extended-hours trading on Wednesday after posting its first-quarter results, while technology shares inched higher after a losing session. ADVERTISEMENT --AOL, the world's largest Internet and media company, rose to $20 on Instinet from its close of $19.30 on the New York Stock Exchange. AOL posted a massive net loss after taking the largest charge in corporate history.-- biz.yahoo.com I have never ceased to be amazed at the stupidity of the American public. Never, never, never!!