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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (5887)	12/12/2002 12:02:17 AM
From: Little Joe	Respond to of 39344

I don't understand the supply demand argument. There is lots of silver above ground. Not counting what we don't know about. There is silver in warehouses, film which can be recovered, in the form of jewelry, coins etc. As long as there is silver above ground which is not being bought, where does the supply argument take you. It seems very clear to me that if there were a shortage of silver such as the bulls claim, the above ground stocks would be rapidly depleted and the price would explode. Their argument that the paper market is controlling the prices of the physical is ridiculous. If I need silver I am not going to take paper. I need the real stuff. The argument that the demand exceeds the supply is obviously wrong or the price of silver would be through the roof. This is just a bunch of silver perma bulls who refuse to face reality, or worse are playing others for suckers. At least that is my opinion. Little joe