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

To: Abner Hosmer who wrote (359)	12/30/1997 11:07:00 PM
From: Judy	Read Replies (1) \| Respond to of 8010

Tom, Thanks for the interesting reading. Looks like there is more to this "game" than meets the eye. I too have silver and was wondering if it was time to sell. Could someone tell me the difference between world silver and spot silver? I was told that normally world silver follows spot silver but now it is reversed but no one knows why. Then I go to IBD and find another closing price quoted.....confused. Thanks for any help Judy

To: Abner Hosmer who wrote (359)	12/31/1997 1:29:00 PM
From: CuriousGeorge	Respond to of 8010

Tom - great post, that explains a lot. The public may play silver stocks via Sunshine, but for the most part they play physical silver via numismatics, primarily Morgan dollars. Coin stores I have spoken to indicate they have very little, if any silver numismatics in stock and expect to be raising their bids in January in an attempt to draw in some sellers. Let the games begin.

To: Abner Hosmer who wrote (359)	12/31/1997 3:38:00 PM
From: RagTimeBand	Read Replies (1) \| Respond to of 8010

Hi Thomas Seasons greetings to you and yours. Thanks for the URL to D.A.'s comments. FWIW RE: COT data for Silver The commercial hedgers don't appear to be very enthusiastic about the recent move in Silver prices. Looking at data that goes from Jan. 15, 1986 to Dec. 16, 1987 the mean Commercial Hedger position is -36,103 and the std. deviation is 14,127. Thus, as of Dec. 12th, when the net commercial position was -62,367 -- they were approaching 2 standard deviations (actually 1.86) from (below) the mean. This is the lowest level the commercials had held in over 3 years. For the Dec. 16 report they were at -55,866 which is still 1.4 std deviations from (below) the mean. Regards - Emory