To: Proud Deplorable who wrote (58110 ) 4/3/2008 1:42:05 AM From: marcos Read Replies (1) | Respond to of 78416 '... There may very well be a shortage of silver later this year or several years from now which will cause the price to run up into the $30, $40, or even $50+ range. But such a price run up will not happen because several thousand or even 25,000 1000 oz bars are melted and fabricated into 10 oz bars or 100 oz bars to meet perceived new investment demand. New investment demand that causes a collective equivalent of what the Hunt Brothers attempted 28 years ago will have to be many, many times larger than what you and other bloggers can stimulate....' From about half-way down the page - silverstockreport.com And pretty sensible imho, rest of message shows the fellow bullish, but balanced and not holding his breath waiting on any fantastic figures ... Hommel really gets carried away, it's embarrassing to be a moderate on the 'same side' as him, he may very well be jumping the gun here, setting up unrealistic expectations Nadler's job is stimulate trade for Kitco, of course, and they don't want silver going all one way and then staying there, ideally i suppose they would like half the people buying silver and the other half selling for a week, and then presumably rotate, change sides for the next week ... they likely don't make as much selling metal from mints, and that would only be one side of the trade anyway ... but in the details of the Hommel/Nadler exchange in re 'shortage' that i've seen in the last few days, Nadler nailed the logic imho, and between the two, guess who i'd rather have a beer with ... that said, Hommel is completely correct that nothing can replace physical under your own control Jim Richardson was on CBC radio this afternoon, interviewed in re the bill in the house to do away with the penny ... talked about rare pennies, sure knows a lot about collectibles ... for those who don't know JR, he runs Western Coin & Stamp, No 3 Rd in Richmond, good small shop, ph/address here - cand.org I think we should get rid of the penny, absolutely, and the nickel too, go to one digit only after the decimal point in cash transactions ... i clean out pennies from pocket change and stash them, have for several years, going to sit on them until their metal content makes them worth three jawbreakers each again