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To: Claude Cormier who wrote (136622)	11/15/2008 3:40:32 PM
From: Proud Deplorable	Respond to of 313061

No you are wrong Claude...prove it to me and I'll buy a million dollars worth. You cannot buy 100 ounce silver bars anywhere for 10.00CAD period! If I could I'd turn around and sell them all day long at over 1600.00 CAD ...NO PROB Please inform yourself I keep telling you and RR that I don't give a (rats ass) what the Comex price is. It does not affect me whatsover. Please tell me why I should care what the spot price is? REAL investors in silver do NOT buy paper products or promises that bullion is held somewhere for them. These types are idiots and think the system is intact and that they won't lose the gold and silver they think they have. I believe differently. "But they do not represent the true value of silver bought in 1000 ounces bar size or greater which you can obtain for near spot. In those size, silver is plentiful." Who cares? No one I know wants them except the refiner I buy from who melts them down for retail products. That's the way the market is at the moment. Maybe I should get out of this business just because you say I'm not making what you say I am LOLOLOLOL If you were SMART....you would be doing what I'm doing (buying and selling silver...if you can find any, hell you know a lot about metals so go find a refiner out there who is converting) out there in QC before the price takes off like a red rocket, instead of promoting penny mining shares no want wants anymore and likely won't even if gold does go up. Intelligent people ignore the talk of these shares being undervalued and ready to soar when metals go back up. We don't know this, nor does anyone but I'll be against shares and in favor of metals as a protection against inflation and a bankrupt monetary system

To: Claude Cormier who wrote (136622)	11/15/2008 7:02:54 PM
From: Proud Deplorable	Read Replies (2) \| Respond to of 313061

"the size of market of the paper silver market, which shows the systemic silver shortage is about 17 times bigger than the retail silver market! I estimate that there is about $17 billion worth of "paper silver" out there in the world in the form of silver futures contracts, unbacked unallocated accounts, and ETFs. That's about $7 billion in futures contracts, and I'd estimate an equal amount of another $7 billion in unallocated "bullion" accounts at various LBMA member banks, $2.2 billion in the SLV ETF, and $1.5 billion in paper certificates with the Perth Mint.................... ...In contrast to the approximate $17 billion of silver liabilites and "indebtedness", there is probably less than $1 billion worth of physical silver available to buy...... And meanwhile, the government prints up $700 billion in a bailout, that is really more like $3,000 billion to $10,000 billion............ .......The position limits prove there is a shortage of the 1000 oz. bars that they are afraid they cannot obtain to deliver to meet the terms on their unlimited numbers of short sale contracts." guess whoooooo?

To: Claude Cormier who wrote (136622)	11/15/2008 7:16:15 PM
From: Proud Deplorable	Read Replies (3) \| Respond to of 313061

Ah Gee Claude...this just in.....sort of proves you are not up on the subject istockanalyst.com "The Canadian Mint, Austrian Mint, and other World Mints are waiting for 1,000 ounce Gold and Silver Bars so they can mint coins and fulfill backorders. Even bars are in extremely short supply. 3. As we write this letter, the wholesale premiums for Gold and Silver Bullion coins have risen to the highest levels we’ve ever seen. Despite strong bids, none of our clients are calling us to sell physical coins or bars during the financial panic. They realize their reasons for owning physical gold and silver are coming to fruition. 4. By contrast, Gold and Silver futures prices are way down this week. This is a paradox that clearly indicates the financial crisis has spilled over into the futures markets for precious metals. What we like to call the “paper” Gold and Silver market is just that- bets on the movement up or down. Right now, the price to really buy a physical Gold or Silver coin is far higher than the futures price.