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


To: Don S.Boller who wrote (845)3/6/1998 10:44:00 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 8010
 
Don, I'm afraid the only "Man from Omaha" I know is the Wizard of Oz. I do have a distant aunt who lives there though. I believe silver will see $8 an oz this year but another .50 drop from here wouldn't surprise me, especially if gold tests $290. But you can't get around the physical shortage and though digital photography is slowly replacing film, the demand for silver processed film is growing and will continue to grow for years to come due to the 3rd world's rising standard of living. Since gold closed up today, silver may bounce back next week anyway. Silver stocks took a beating today and some are an opportunity again. --AG