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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (30169)3/1/2008 12:22:33 PM
From: carranza2  Read Replies (1) | Respond to of 218360
 
You might wish to take a look at Hecla Mining for silver.

For 2008, not including the Greens Creek acquisition, Hecla is forecasting an annual silver production of 5.7 million ounces, at an average total cash cost of less than $1/oz. For gold production, Hecla's current estimate is in the range of 85,000 to 100,000 ounces at an average total cash cost of $537/oz.

mineweb.co.za

I think it has pretty much written off Venezuela.

See also:

seekingalpha.com

mineweb.co.za



To: TobagoJack who wrote (30169)3/2/2008 1:49:33 PM
From: Amark$p  Read Replies (2) | Respond to of 218360
 
When you own SLV or GLD just remember it is only paper, all of which may or may not be there in the vault. See Turk and others writings on this matter. Therefore, you need to consider CEF and GTU to actually "own" gold and silver that is really in the vault and properly audited/allocated if you want to hold in brokerage account. Also, goldmoney.com has both physical gold and silver properly audited and allocated but one has to jump through a few hoops to complete the paperwork.

One can use GLD and SLV for trading, just remember it may not all be there if worst comes to worst.