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

To: Bob Tate who wrote (973)	4/1/1998 2:28:00 PM
From: TD	Read Replies (1) \| Respond to of 8010

Another story from the shorts. These are just the type of "wall of worry" that bull markets are made of... In silver industry news, China has been selling large quantities of silver on the world market, helping to bring down bullion prices and push up refining rates, traders said on Tuesday. Chinese traders had been selling silver bars and scrap to international refiners since late in 1997, the sources said. Up to 150 tons of Chinese silver had already been exported, with more likely to follow, they said. Officials at the Bank of China told Reuters they knew nothing of the silver sales. FWIW currently think we may be overbought here but looking for a pullback to get near the recent lows plan to finish buying because May is the month for the cycle to begin in with gold silver going up and the dji going down.