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


To: Canuck Dave who wrote (5804)9/22/2002 11:58:05 PM
From: goldsheet  Read Replies (1) | Respond to of 8010
 
> What tweaked your funnybone?

Must have been the word "vexes" as in "supply-demand balance in the silver realm vexes the true believers"

> In other words, the silver deficit (102M) would be much larger if you didn't include the Chinese numbers (74M).

Nothing really new there ;)
If one ignores one of the most significant factors in the silver markets over the last 3-4 years, one might be able to come to any conclusion.

> But the fact remains that demand and supply are in balance despite the implied disinvestment. End of story.

Bingo ! Supply = Demand, even if one doesn't really like some of the sources of the supply. Even if you try to ignore the Chinese, they still exist.