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

To: loantech who wrote (5832)	10/1/2002 7:47:35 PM
From: Davy Crockett	Respond to of 8010

<<And who's numbers are you going to trust?>> prefer long-term, but any time frame will do

To: loantech who wrote (5832)	10/1/2002 8:01:18 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 8010

Well, there's a bunch of signs I use. Here they are in priority. 1. Price action of PAAS and SIL. It's uncanny how they tend to predict spot price movement. Right now, they're both really quiet leading me to think of there's more down side in spot price. 2. Open interest on futures. Big activity seems to predict a change. Also, any big change in commitment of traders. 3. The spot price itself (well, duh). I look for overnight volatility as indicating something is brewing. 4. Lease rates. Spiking of lease rates correlated well with big price move last December. Then it all fizzled out. 5. US dollar and gold price. Hope that helps. Gold is looking much stronger than silver. Ratio is now pushing 72. CD