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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (10722)	5/7/2006 2:24:34 AM
From: jackjc	Read Replies (2) \| Respond to of 78421

Of course very long term silver can be expected to maintain and increase its dollar adjusted value, similar to gold, and even better in some ways. Yes 50 silver today would not be the same as 50 silver was then. But people always talk as if that was a valid peak price. But the Hunt squeeze was a special case. Maybe the new ETF can repeat it, dunno. But it was only valid for an instant, not long enough to be taken advantage of, a number only, of no use to more than a tiny fraction of 1% of the worlds silver holders to take advantage of. Adjusted today, you would need $100/oz. And silver investors expect to see a similar price again AND EXPECT TO BE ABLE TO SELL AND TAKE ADVANTAGE OF IT. I don't expect that, but expect to continue to make great silver gains as I have so far in Corner Bay, SSRI, MGN, GPR, ECU, GGC, and many others. I am trying to get across that short spikes give the illusion of a valid price that we could benefit by. And that the height of that squeeze will not necessarily be repeated any time soon, and should not be counted on. The silver buying mania then was instantly met with a selling mania of lines of people stretching around the block outside of pawn and coin shops, which demolished the silver bull for a decade.