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

To: BARMAN who wrote (960)	3/31/1998 9:26:00 AM
From: Bob Tate	Respond to of 8010

POG is down slightly today, gold stock indexes are up a bit despite strong dollar and Nikkei smash it is bullish for gold stocks. Here are some develoments in metal markets from Armstrong point of view. He is known lately as metal market bear. pei-intl.com Go to Silver part 1-2-3 Silver price will have big svings in the range of 5.75 to 7.00. If COMEX inventories keep going down (now at 88 m/oz)as they did for several years we may see silver over $7.00. When gold starts moving as is expected that will add preasure for Ag to go up. Nobody can predict exact price , you have to use basic supply-demand rule.