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


To: Claude Cormier who wrote (5026)5/5/2002 5:18:58 PM
From: Canuck Dave  Respond to of 8010
 
Thanks for posting that, Claude.

It jibes with everything else I've read on the subject. What is NOT dealt with is the eventual impact of years of "implied disinvestment", and the US Mint's plans for supplying silver for their programs.

Also, (from Comex site), commercials are net short 62,000 silver contracts. That's 300 million ounces. About 1/2 a year's production. Has to be unwound one day.

CD