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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (32793)4/29/1999 10:17:00 AM
From: Enigma  Read Replies (1) | Respond to of 116753
 
Richard - "Where did all that F'n silver come from?" Have you looked again - quick as a wink? d



To: long-gone who wrote (32793)4/29/1999 5:58:00 PM
From: Merrill Ericson  Read Replies (1) | Respond to of 116753
 
<Where did all that silver come from?>

Actually, it didn't come from anywhere, which is why the price is starting to increase.

According to noirs.com Mr. Heim claims...

One more important fact about silver. There is a deficit (a shortage) each year of about 150 million ounces between supply and demand worldwide. There are only about 78 million ounces of silver left in the COMEX warehouses, the last so-called visible supply in the world. And the COMEX stocks of silver have been cut by more than 66% in the last 3 years. That alone should tell you that silver prices are going to rise. Note: any number below 100 million ounces of silver in the COMEX warehouses is critical.