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Gold/Mining/Energy : Hecla Mining(HL) -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (289)2/14/1998 1:27:00 AM
From: long-gone  Read Replies (2) | Respond to of 629
 
Roebear,
wish i were having breakfast with buffett.i would tell him to buy silver next week again.perhaps mid week. think when we go into iraq, we could see 10-14 with ease.now, that you mention the gold miners, how many of them will show a profit with silver at these levels? most mines in n.america are bi-metalic - silver & gold.some of the gold miners produce one hell-of-a-lot of silver. before you answer, remember the
gold move from 278 to 298-300 .
lets see, drop 20 less on gold & make 2+(which IMHO is where we will see it very soon) more on silver.there has to be some professional putting these numbers together right now.
We all know that money tied up in bullion is "nonproductive".meaning it adds nothing to the economy. it is, first & foremost,a safety net.
is buffett afraid?
Should we be afraid?
richard