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To: Jim Ilchyshn who wrote (9050)3/30/1998 1:47:00 AM
From: philv  Respond to of 116764
 
PEI "Silver Squeeze"

They have a Fourth part entitled "Notes and Corrections". Of significance, is their mistake in calculating the cost of storing Silver (per ounce) @ Comex by a factor of 10 which they acknowledge. The only reason why I mention it is because they made such a big deal about the cost in the first place.

I wonder if Buffett is storing his silver there, or if he is paying the normal charges anyway. He probably pays just a fraction on volume.

Phil