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


To: Harry K who wrote (847)3/7/1998 9:38:00 PM
From: Dave Smith  Respond to of 8010
 
With the comex supplies at a 15 year low this correction wil be over soon.
Imo W.B. just gave us a wakeup call to something we allready new.
By reading the postings over the last few months most saw the light before he did and maybe bought at a lower price.
Silver will not stay at 6.07 much longer,hype brought it up to it's high in the last run but logic will bring it up much higher in the next one.
The main agenda in the near future will be looking at low cost silver producers with ample reserves.
My best bet is SSC , silver down and price still stable,silver up 127% increase in stock price.Bullion secount best bet.
Good Investing,
Dave



To: Harry K who wrote (847)3/7/1998 10:28:00 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 8010
 
Harry, you're right about the Wizard of Oz being from Kansas, however, in the movie he reaches Oz in a hot air balloon that says "Omaha State Fair" around it. I heard gold slid above its 200 day moving average at $287.50 and gold's strength on Friday probably means another run at $300. If gold can break and stay above $300 silver will probably return to $7 or $7.25.