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

To: Claude Cormier who wrote (6360)12/26/2002 1:33:45 PM
From: Elizabeth Andrews  Respond to of 39344
 
If we agree that silver has been used as a hedge against local currency inflation, then the last cycle has seen silver being sold and the local currency converted to US$. Now the silver is being sold and converted to gold. I think this is what you are missing. The supply of silver is always going to be there as its modern role is as a transitional commodity between fiat and gold.


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