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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (161592)	5/29/2009 8:58:17 PM
From: koan	Respond to of 313538

USA's strength makes sense. High cost $10.50 an oz, but damn near infinite amount of high grade (20 oz per)ore in real hard rock and real deep. As deep as they can go the ore runs. At $30 silver $19 cost become irrelevant. Now if say somone decides to corner the silver market like they are doing the rare earths market, silver could go way past $20 an oz. Silver is crucial to solar, super conductors and batteries and as money and all things electrical abd requiring refractuion. Running a decade long deficit. Price will stop when India gets the price they want to sell their silver.