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


To: Jerry Miller who wrote (5474)6/29/2002 2:31:22 PM
From: Canuck Dave  Read Replies (1) | Respond to of 8010
 
Check out the last sentence of that article.

It wouldn't cut it in a science journal, LOL. The one about "evidence the gold suppression is coming to an end". Let's see some of that evidence, Bud.

My own opinion is that there is a going to be a perceptual change one day in the gold/silver markets (I HATE the phrase "paradigm shift", and refuse to use it). What do I mean by that? Well, up to now silver has basically followed gold, but the markets are really different.

Central banks still have lots of gold, so have plenty of wiggle room to keep a lid on things. The exact amount of silver in the world's stockpiles, however, is a riddle wrapped in an enigma, and silver is a consumed metal.

One day, the whole silver industry pricing scheme bumps up against the realities of "implied disinvestment" and the white metal becomes the lead dog in the sled team.

Going to be one fine day for those patient enough.

CD