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

To: Brian Gerbozy who wrote (258)	12/11/1997 9:37:00 PM
From: Karen E Hoof	Respond to of 8010

To Brian and Krikor...The head of the Comax was on CNBC, some weeks ago....he was verifying that there is a squeeze in the silver market... In the past for what ever reasons, some people do not pay storage in the Comax...they physically remove the silver. Years ago...in the 70's as I recall his statement, they set a rule that all pre-74 silver if it is physically removed from the Comax, then i it must be reassayed.... THEY at the Comax never activated that rule until just recently....So now all silver that has been out of the warehouse must be reassayed prior to its return....so who knows when that supprise might happen....Karen