SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (5938)9/9/2002 12:08:27 PM
From: Jim Willie CB  Respond to of 89467
 
gold fights the financial war, silver takes bigger spoils

this is the way I see it
gold is fighting versus currencies, central banks, stock markets, treasurys
these are the biggest battles imaginable

but silver enjoys the interference provided by its big brother gold
silver suffers greater risk from economic stagnation, as industrial demand slows, along with electronic demand
but like consumer beverages and food, photography rises in bad times
you know? let's not go on that expensive cruise, but instead stay more regional or local and take more pictures

I still expect the above-ground silver supplies to be 100% depleted, gone, nada, nothing left
I havent harped on this theme much lately
I got tired of hearing myself speak on the subject
the topic wore out the Voltaire Numbnuts

we have inelastic demand of silver
we have inelastic supply of silver
translation:
as price rises, demand grows (citizen fever)
as price rises, supply drops (lease system)
extremely strange phenomenon indeed

as silver rises much more, Argentina will find it irresistable to seize and nationalize their mines, and create a new backed currency

/ jim