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


To: aknahow who wrote (7421)5/3/2006 9:40:12 AM
From: Triffin  Read Replies (1) | Respond to of 8010
 
Hi Guys ..

Saw something interesting yesterday ..
silver stocks dumped ( Bolivia ?? ) while
SLV moves strongly higher ..

If I understand this ETF isn't this thing
just everybody's silver hoard ?? The metal
is 'off' the market so therefore not available
for industrial purposes .. Seems a convenient
vehicle for the big money guys to manipulate
the market or am I wrong here ????

If I'm right ( about the hoarding aspect of this ETF )
then I wouldn't expect to see a copper or other
industrial metal ETF anytime soon ..

Triff ..