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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Charger who wrote (2852)2/3/1998 9:44:00 PM
From: Roebear  Read Replies (2) | Respond to of 4571
 
Charger, Bill, ALL;
Check this out copied from Gold Price Monitor, Soros also rumored to have huge stake and silver up to 6.78 overnight. If true this will drag a lot with it!!!

LATE NEWS FLASH!!! CNBC just reported that multi-billionaire
financiers, George Soros and Warren Buffet, have purchased one million
ounces of physical silver. It was also announced that Warren Buffett,
through
his holding company, Berkshire-Hathaway, has accumulated 130 million
ounces of silver beginning in July 1997 through January 12, 1998. Some
analysts put this amount at 20% of the known silver reserves. Perhaps
this
explains why silver jumped 36 cents today to a fresh new high on the
COMEX, and why silver is now trading at $6.78-- up another 17 cents in
the aftermarket. We have also heard that these two gentleman are buying
physical gold as well, but we could not comment on it until the news of
their
silver purchase broke. Watch out tomorrow. Prices could skyrocket on all
metals, but especially gold as the shortsellers get caught on the wrong
side of
the market.

regards
gmweber

Good luck all,

Roebear