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


To: Ed Newman who wrote (600)2/5/1998 8:13:00 PM
From: TD  Read Replies (1) | Respond to of 8010
 
True Ed, In fact this is what makes it sooooo interesting, the world needs silver for some very basic stuff, like swithces in your fridge,microwave, defroster on your rear windshield, suggest that you check out the url left on the silver institute (a few posts ago). Anyway you are correct these silver miners had better make a profit soon or they will be out of business! What will cause a profit? Higher silver prices!!! If the prices do not remain high enough then the problem is made worse because less silver will be mined. The best way to invest is to follow Buffet buy physical silver and HOLD, sell off 10% per year over the next ten years...



To: Ed Newman who wrote (600)2/5/1998 8:22:00 PM
From: Gerald Walls  Read Replies (1) | Respond to of 8010
 
Seems he may well have been selling into this rise and made out good.

"Berkshire has no present plans for purchase or sale of silver."

berkshirehathaway.com