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


To: Canuck Dave who wrote (5065)5/10/2002 2:57:28 AM
From: TheBusDriver  Read Replies (2) | Respond to of 8010
 
Silver is such a small market is can go both ways quickly. All I know is that as lease rates creep up they sometimes reach critical mass are really move. This is also associated with a rise in POS, which I take to be a shortage of physical metal in the market.

Silver his the market, lease rates abate and things return to more normal prices.

I would perfer to see a slow, steady increase in lease rates rather than a quick one that goes to 30%, indicating a short term shortage of the metal.

BWDIK?

Wayne