Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ray Hughes who wrote (1213)	6/2/1998 11:59:00 AM
From: Ron Struthers	Read Replies (1) \| Respond to of 8010

Hello Ray, skimming through your comments here, it seems you are on the bearish side of silver, short term, over the summer. I have pointed out, last week through my newsletter, that these lows are a good time to buy silver equities, before the next up move. The recent silver survey had 1997 mine production up 5%. I expect base metal prices to remain weak for perhaps years, Asia effect, various global economies falling into recession. Gold is down and could stay at low levels <$350 for sometime. I expect this could cause mine production of silver to start a decline this year, because most silver is mined as a byproduct of these metals. Any comments? For any newcomers to the thread or those interested my views on silver have not changed from the report you can find at sentex.net Ron