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


To: goldsheet who wrote (5637)8/14/2002 11:58:25 PM
From: Canuck Dave  Respond to of 8010
 
Not many producer buy backs of silver, I'm afraid.

All the stars seem to be aligning for more weakness in the near future at least. The major indices are poised for relief rallies in the next few weeks which will push precious metals lower.

There also appears to be lots of silver supply out there to meet any speculative buying. I'm guessing it's going to need another 200M ounces of "disinvestment" before the well runs dry.

Kind of depressing, actually. Fundamentals otherwise are coming into focus. Cash or stocks like CLS for the foreseeable future. Not silver.

CD



To: goldsheet who wrote (5637)8/15/2002 12:49:18 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 8010
 
Hi, Bob. 70:1, huh? Not surprised, not at all.

Speaking of silver, what are the top 4 silver producing nations in the world? Someone told me today that China was in 4th place as a silver producer?

Does that square with what you know?

Thanks
g_t



To: goldsheet who wrote (5637)8/16/2002 10:15:57 AM
From: Real Man  Read Replies (2) | Respond to of 8010
 
82 was post-1929 depression highs for the ratio in 1932, I believe, although I could only see yearly data, and looks like the ratio is breaking out to the upside right now. CRB seems to be behaving quite different now than it was then, though. New 52-week highs during stock market weakness. Not very supportive for the move lower in gold and silver imho. The dollar also does not cooperate. However, P&F charts show gold in a bull, silver in a bear.