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

To: Claude Cormier who wrote (675)2/8/1998 10:16:00 PM
From: dave  Read Replies (1) | Respond to of 8010
 
Hi Claude!
The popular response these days on the high price of silver is that it will not sustain because the largest importer of silver, India, won't pay these higher prices.Do you have any experience or records of the silver consumption of India during the 1970's when silver went through the roof.Did they in fact stop buying at a certain point?
Many thanks in anticipation of your reply or other experts in this matter.

Dave T.



To: Claude Cormier who wrote (675)2/9/1998 3:25:00 PM
From: Tommaso  Read Replies (2) | Respond to of 8010
 
On the whole I don't subscribe to any conspiracy or manipulation theories about the silver market, though the bears seem to have had a good thing going for them for many years.

But given the excitement about the commodity, the almost absolute flatness of the price today seems very peculiar. It really does look as if someone is trying to keep it at a certain level.

Or so it did earlier. Time to check again.


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