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To: Hawkmoon who wrote (27146)1/27/1999 8:45:00 AM
From: The Street  Read Replies (1) | Respond to of 116763
 
Ron-- 49'er knows more about precious metals than anyone on this thread.

She was around then as was I.

Don't believe everything in books you read-- especially when they were involved....



To: Hawkmoon who wrote (27146)1/27/1999 2:53:00 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 116763
 
You disappoint me. I'm not repeating a "tall tale." Just because you would have gone to cash doesn't mean Hunts think like you do. They had to think pretty highly of 90% bags to have "resorted" to them anyway.

LDMA Anonymity is a right and a privilege. One many enjoy. Back to your "heavy" reading material, Ron.

O/49r



To: Hawkmoon who wrote (27146)1/27/1999 3:35:00 PM
From: Alan Whirlwind  Respond to of 116763
 
Ron, keep in mind that the silver bubble was extremely shortlived. I started buying silver in the summer of '82 and it had dipped below $5 an oz by then. I have never sold any since so it just keeps accummulating. If I would have been in cash, I would have spent the cash--maybe had a better car instead of the accident banged up junker I picked up from a guy and stretched 8 years on. I'm definitely better off having chosen to stash.

This morning's metals updates off of Reuters have hinted of limited demand out of India in '99 for silver over $5 an oz. Also it was mentioned that silver contract expiry often leads to exaggerated movements in spot prices. It was expected that silver would decline over the next few days despite its current strength in the face of falling gold prices. I'll be buying again at $4.90 if it occurs.