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

To: ForYourEyesOnly who wrote (1368)	11/5/1998 1:11:00 PM
From: Ray Hughes	Read Replies (1) \| Respond to of 8010

THC: Interesting, but not how I arrive at the date. Very interesting coincidence. I'm looking at the best guestimates on total inventory, subtracting 65 million ounces (normal working inventory for industry) and dividing balance by an estimated annual supply/demand deficit of 180 million ounces. Blast-off could occur earlier if a) hedge funds lock up hundreds of million of ounces, and/or b) public starts buying coin and/or bars in a big way. As in all metals analysis its a "best guess." RH