SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (967)3/31/1998 8:28:00 PM
From: Casey  Read Replies (1) | Respond to of 8010
 
Tommasso:

<<My own guess is that the people who for years have been making money bidding silver down on
the futures market are going to be badly hurt over the next eighteen months as the supplies of
silver for delivery on futures contracts continue to be depleted. The price has not risen enough to
prompt crash programs by mining companies to bring mothballed mines back online, and when the
demand hits the inelastic reality of available supply there could be a really violent short squeeze.>>

what do you make of Martin Armstrong's thesis then? Just in case you haven't read it, click on url below and then on 'Silver Squeeze'.

pei-intl.com



To: Tommaso who wrote (967)3/31/1998 8:41:00 PM
From: TD  Respond to of 8010
 
Tommaso, well said. Doubt highly that silver will get back to $50 per ounce but if it did it would IMHO be on par with where the stock market is now. eom