Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (9285)	3/22/2005 3:51:33 PM
From: goldsheet	Read Replies (1) \| Respond to of 18308

I still do not buy production decline theory. We are flat near 2500-2600mt area (eight years now) but 1800mt predictions are way too low, IMHO. Better gold price may, however, be offset by higher construction costs (steel and cement) and higher operating costs (electric and diesel fuel) resulting in delayed projects and a little production drop. It is not an easy business to be in. This is in ounces, but you get the idea: goldsheetlinks.com

To: Claude Cormier who wrote (9285)	3/22/2005 4:18:43 PM
From: SOROS	Read Replies (3) \| Respond to of 18308

No conspiracy, but you got to admit that every time the general markets begin to perhaps sell off a bit, it sure seems SOMEONE gets very nervous that it could turn into REAL selling IF the metals were to break out to the upside. Then, BAAAAM! Metal prices get hammered. I wonder if they shot up by 10% as the market was declining that it would turn into a landslide of people moving a portion of their money to the PM markets. It wouldn't take much, and I believe that is why we keep seeing this hammer job. Sure wish SOMEONE of means would mutiny against the majority and throw a huge amount at the PM markets to start the ball rolling. Hard to believe that of the many billionaires in this country, there aren't a few who see the DEBT handwriting on the wall along with the real estate bubble, auto industry, Fannie's fannie being exposed, etc., and they are not, at least quietly, moving a portion of their funds to safety. I'd think they would want to be the first one in rather than with the herd when it may be too late. I remain (more confused than ever), SOROS