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


To: loantech who wrote (55198)1/10/2008 12:29:18 PM
From: Proud Deplorable  Read Replies (3) | Respond to of 78404
 
Thats because some idiot was on BNN yesterday talking about how 95% of silver consumed is industrial or jewelry and this is why it is different from gold and so since jewelry demand will go down in a recession then silver won't do as well as gold. So on the one hand he claims its an industrial metal but he contradicts himself by saying that its a precious metal used in jewelry. I just about threw my TV over the balcony.

I can think of other uses for silver that he didn't mention >G<