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

To: kimberley who wrote (497)	2/2/1998 10:28:00 PM
From: TD	Read Replies (1) \| Respond to of 8010

IMO having follolwed the metals for years, the xau and metal stocks usually lead the metal, so if mining stocks are moving down while metal is moving up it MAY indicate a change of direction. When the XAU moves up in points 2x the gold price in dollars we have a full fledged bull market! So far Xau is moving up about 1/2 the price of gold indicating that the move is not trusted at this stage. Being a contrarian this is probably good. Personally, think the move in silver is real this time and once the metal moves above seven and holds it above 7 for three weeks... look out the metals stocks will catch up and probably overrun! Regardless, hang in there the silver market is going to go bonkers in the next three years or so, with Y2K and the comming currecny crisis is it a good hold for the next few years.

To: kimberley who wrote (497)	2/2/1998 11:09:00 PM
From: Bob Markley	Read Replies (1) \| Respond to of 8010

Kim, Ag will most likely break $20US , if not the $45 or so high of the Hunt Brs. Stocks are not yet ready to move, ...I tried to tell you that 2 months ago w/ Clifton, ... but you would not listen/look at the possibility/probabiliity that you were early(as well as CC, 'et al, ...'et al, ...et 'al, ...'et al). About 90 days , ... stocks should move, ...if not then, it's a move in trouble & this has happened several times since '78. Best always, Bob

To: kimberley who wrote (497)	2/3/1998 1:57:00 AM
From: Ron Everest	Read Replies (1) \| Respond to of 8010

Interesting comments: exchange2000.com AG is an interesing commodity. As has been mentioned many times before, AG production is most often a by-product of another metals mine. If my memory serves me, 17% of AG production is from primary silver production mines with other metals as by-products. When a sluggish economy hits, we see mining of base metals wane, thus, AG should become stronger. Anyone correct my percentage if I haven't remembered correctly. There is some confusion as to just how much supply there actually is and if there is manipulation. This may be why the stocks are not reacting in a historical manner. However, many will tie AG to AU mining and thus AG gets less interest. Just my opinions. AG holding overseas tonight after two interesting trends Friday and Monday. Best regards, Ron E

To: kimberley who wrote (497)	2/3/1998 7:23:00 AM
From: Mark Bartlett	Read Replies (1) \| Respond to of 8010

Kim, Basically I believe the trend is not yet fully established i.e., believed .... a lot of head games going on too. Once people believe the trend is _real, the stocks will move. There are going to be a few bumps in the road as people move in and out ..... also IMHO, if gold continues to stay range bound or tests new lows, it will have a damper effect on silver's performance - at least until the situation becomes so desparate, the need for Ag can not be ignored and silver completely decouples from gold .... which may happen. I assume you have seen: investor1.com The lease rate for silver continue to move higher too .... that bodes well. I think the best strategy is to take a comfortable position (30 to 40 % of what you would invest here) in a few good stocks and ride with it ... if the trend continues to look strong, you may want to average up a little, but be careful, things can change quickly (as if you did not know <g>) ..... if the trend weakens, you may want to average down a little. Somebody said recently "I do not want the first dollar or the last dollar in a stock" .... very good advice IMHO. Take care, MB