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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (15235)	7/5/2002 4:04:55 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 36161

["to be honest I think bob johnson is more correct however "] ...why would Warren Buffet purchase 129 MILLION OUNCES of pure Silver ? Literally; if I could ask any person on earth; one question concerning the market - that would be the person and my question. Think about it... Not 1.29 Million, not 12.9 Million; but ONE HUNDRED TWENTY NINE MILLION OZ's ~ Again; he didn't dump all his Nifty Fifty-esque Holdings and run to T-Bills.... BUFFET made a HUGE, virtually a historic bet SPECIFICALLY on PHYSICAL SILVER... dwarfing the position the Hunt's had when they tried to "corner" silver by the way. Why ? Why Silver vs. gold ? Why to that degree ? I'd say in retrospect... that's MORE than just "food for thought"... FWIW - I plan to add a bit more physical Silver. It's prudent diversification imho... and the "gut" says add on any weakness here... You have to think that given the media exposure, given the plethora of accounting fraud's and Billion Dollar Company evaporations... that NOW is the time for Gata & the Ted Butler's and all of us... to push to expose the Derivatives Games and COMEX shennanigan's etc... I think the environment is ripe for this type of manipulation to come to an end and the huge derivatives bubble collapse may happen sooner than anyone thinks...and the first shoe to fall in the derivatives collapse will be it's exposure... and what a media story it may ultimately become...