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


To: Bill Ounce who wrote (986)4/2/1998 2:06:00 PM
From: Tommaso  Respond to of 8010
 
I think Westergaard was the person who offered a reward for information leading to the identity of someone on SI who called himself "Pluvia" last year. He claimed "Pluvia" was damaging his business by speaking skeptically about a stock that Westergaard wanted to promote. At one point there was a thread on this subject.

If all the electric utilities are going to shut down, the thing to do is to try to corner the market in candles, not silver.

The most interesting suggestion I ever heard for boosting the price of silver came from an Indian analyst whose comments I read in a roud-table discussion about ten years ago. He said that at fancy weddings in India there is a kind of dessert that is topped with a very fine silver filigree, or maybe it was tiny silver beads or spheres, that you eat. He said that if enough pastry shops around the world could be persuaded to promote this pastry, it would take a lot of silver off the market and run the price up. It seems unlikely that silver removed this way would be recycled, either, as is the case with much photographic silver removed during film development.



To: Bill Ounce who wrote (986)4/2/1998 2:47:00 PM
From: Tommaso  Read Replies (1) | Respond to of 8010
 
I can't believe it's still going on, but it is:

exchange2000.com

Thanks for letting me look through the peephole into Westergaard's cell. I had forgot all about him.

So let's see. Suppose we buy ten bags of $1,000 face value silver clad junk silver coins, a Coleman generator, an assault rifle and 10,000 rounds of ammunition to shoot the looters, a five-year supply of surplus army K-rations. I am already fixed for timekeeping with my 1873 Ansonia Clockworks mantel clock and I have a complete set of the collected works of George Eliot that I have never touched, for reading instead of radio and television.

Actually I don't need the assult rifle; I have a 12-gauge automatic with the plug removed so you can get five shells in the magazine plus one in the chamber, so with some number 4 shot it would be a lot better at close range. And I have 400 gallons of unused fuel oil that can even power a diesel engine if needed. And can even be used in kerosene lamps, though a little smelly.

The people who are really lucky though are the ones with bomb shelters on their property.

Meanwhile, back to the silver market.

From what I read Kodak and Fuji are likely to make major and competing efforts to move into the Chinese market, and if they are successful this could take additional stocks of silver.

For photographic use see:

exchange2000.com



To: Bill Ounce who wrote (986)4/2/1998 4:34:00 PM
From: Casey  Read Replies (1) | Respond to of 8010
 
Bill:

<<re: Y2K hysteria and reality>>

Great post - we need more balanced views like that.