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

To: GlobalMarine who wrote (368)	1/7/1998 8:10:00 AM
From: Larry S.	Read Replies (2) \| Respond to of 8010

Rand, I believe Martin Armstrong is quite good. You can get his short term projections from the PEI Website (www.pei-intl.com) under "global market view". Everyone should read his view of the EMU. One of his discussions of its impact can be found on the Website under the "Crash of 1997". However, I think his view that digital cameras will take over the photography market is way off the mark, at least, for the foreseeable future. Perhaps they will make a serious dent during the life time of my grandchildren. I lurk on this thread and appreciate the comments of all of the posters. I'm hoping that Silver will do well on its own, at least until gold comes back (perhaps in the second half of 98). I don't have any input on whether the price of Silver is being manipulated or who may be manipulating it. But, it seems reasonable that much of its volatility is the result of rumors of manipulation if not manipulation itself. Larry Smith

To: GlobalMarine who wrote (368)	1/7/1998 7:45:00 PM
From: TD	Read Replies (1) \| Respond to of 8010

Do not know Mr. Armstrong, long term silver has basically traded between 4-6 FRN's for nine years now. According to Scotia Capital total supply for 1998 is 734 million ounces, demand is projected to be 842 million ounces; thus a deficit of 136 million ounces, markets move between greed and fear, right now very few think this silver move is for real therefore it just may be, when people go into coin shops again and buy silver eagles or silver dollars for six FRN's then the market will come alive, it does take the little guy to participate for the market to really move, that is the speculator's. If bar-b-que benny and betty start to notice "my! my!; how the price of silver keeps rising" and they act it will be time to sell! With the potential for financial upheaval due to the electronic funds transfer system failing because of Y2K, anyone with vision will keep a some money(silver) around, just in case the ATM's won't work after January 1, 2000. Tell everyone you care about to buy some now!! Remember no matter if you are rich or poor it is good to have a lot of cash,