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

To: Canuck Dave who wrote (5015)	5/5/2002 1:31:45 AM
From: Fun-da-Mental#1	Read Replies (2) \| Respond to of 8010

Well you see, I did research on my own, and the demand picture for silver looked poor. I said so on the drilling II thread (not in the most tactful way), and about 4 guys gave me hell and told me to go to the silver thread where they would explain the bull case to me. Here are the pros and cons as I see them: PRO: -consumption exceeds production -miners' cost is below current price -US$ falling -increasing interest in precious metals -multi-year silver chart looks like it may be basing CON: -falling demand -price not moving up Right now I can't make up my mind. Some people claim silver demand is not falling, but I haven't seen evidence to back that up, hence my question. -Fun-da-Mental

To: Canuck Dave who wrote (5015)	5/5/2002 9:59:57 AM
From: re3	Respond to of 8010

In October of 2000 gold was trading at $265/ounce and silver was trading at $4.80/ounce. Gold closed at $312 last Friday, while silver closed at $4.60...it seems to me that certain big name silver stocks HAVE already done what the unhedged big name gold stocks have done...I congratulate all holders who held out longer than I but i think the above stats should give some pause for thought...