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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: chevalier who wrote (249)12/11/1997 2:48:00 PM
From: Tommaso  Read Replies (1) | Respond to of 8010
 
Why do you think someone is trying to corner the silver market?



To: chevalier who wrote (249)12/11/1997 2:55:00 PM
From: Don S.Boller  Read Replies (1) | Respond to of 8010
 
Ari: As you must recall - last time it was Bunker Hunt and an
Arab consortium Soros? Maybe...you now that his former boy,
Victor Neiderhoiffer and his hedge cabal - all tapped out in
ONE DAY - Oct. 27th....(so much for brilliant day traders)!!!!!!!!!!!!!
If I was forced to guess - I would pick a group of wealthy Asians
this time...they are losing more quicker than even the Arabs (with
thedeclining price of crude). BWDIK. Best Don



To: chevalier who wrote (249)12/11/1997 5:28:00 PM
From: Karen E Hoof  Read Replies (2) | Respond to of 8010
 
Ari....we have a squeeze in the silver market in the US market.... All Silver removed from the Comex, that is pre-1974 ingot or bar., must be re-assayed before returning into the Comex...so we have a short....now at what price is it worth the re-assay price to return it into the Market....Karen


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