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To: maceng2 who wrote (167987)5/24/2002 8:28:58 AM
From: maceng2  Respond to of 436258
 
Have we been looking at the wrong graphs?

stockcharts.com

should we be looking at this one?

kitco.com



To: maceng2 who wrote (167987)5/24/2002 5:13:52 PM
From: maceng2  Read Replies (2) | Respond to of 436258
 
Just got a message from Heinz

Re silver short positions (see message 167987 i have posted from). I asked him for his view.

Heinz's reply is below.

---------------------------------------------------------

Hi Pearly,

i know TB, and his figures ARE accurate. his conclusions may not be - they're difficult to prove. but it is correct that only 4 traders, masquerading as hedgers, have held down silver prices via excessive short sales on the COMEX for a loooong time now. at the same time, verifiable silver inventories have plunged to a century low. thus this excessive short position will very likely blow up one day...the question is only when.

DROOY has been good to me, yes. go ahead if you wish to post my reply publicly. and have a great weekend!

regards,

hb