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


To: Alan Whirlwind who wrote (1218)6/17/1998 3:37:00 PM
From: TD  Respond to of 8010
 
Al, thanks for the response, I got an ad for Nick G's letter, thanks for giving me the essence of his current thinking. I like the idea that this time the physical market matters! td



To: Alan Whirlwind who wrote (1218)6/17/1998 9:53:00 PM
From: The Lone Ranger  Read Replies (1) | Respond to of 8010
 
Hello Alan. What do you think about this new 12 year low?

COMEX July silver ended up 18.2 cents at $5.365 an ounce, with total COMEX silver volume
estimated at 17,000 contracts.

Spot silver in the bullion market ended quoted $5.36/39, compared with Wednesday fix at $5.2800
and New York close Tuesday at $5.19/22.

A further fall of 117,590 ounces in COMEX warehouse stocks to a new 12-year low at 85,820,205
ounces overnight, reflecting the ninth year of demand exceeding supply, was also helping
silver prices, traders said.

LR



To: Alan Whirlwind who wrote (1218)7/27/1998 12:47:00 PM
From: long-gone  Read Replies (1) | Respond to of 8010
 
All

NREA Denver.
A new "cool car" was tested to reduce the effects of sunlight created heat in our cars, reducing the need for auto A/C, and saving gasoline. A new auto glass (currently being made by PPG) is a sandwich of traditional glass with a layer of SILVER .000006 thick to reflect solar rays.
It will be available in all auto glass by 2000 to reduce interior car temps. by up to 60 degrees.
I measured the glass on my wife's S-10 Blazer, and after some math found that the amount of silver to accomplish the job on her car would be .28 oz. Based on 1996 figures, this would increase silver demand by 59,000 pounds a year. Now, If only 2/3 of all cars sold in the USA are A/C ready, that would be 39234 oz extra demand a year of silver. Now we know what Buffy & George Sorros Know!!!!!

rh