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


To: Canuck Dave who wrote (5334)6/5/2002 5:23:50 PM
From: goldsheet  Respond to of 8010
 
> Do you think the silver and gold rally has legs?

No, I think we are just about done for the moment, with gold and silver near what I have always considered "fair value" of $5ish and $325ish

> What is your gut feeling for how things will unfold in the next 2-3 years?

I think a second upwave (inflationary) is possible, based on the hugh amount of liquidity pumped in the system by the fed over the years. I previously have said that 450-500 on gold is possible by 2005-2006, but I remain relatively unexcited about silver.

> And finally, do you believe Butler and GATA's claims of manipulation of the PM markets?

No.