I'll begin this thread with this disclaimer! You Decide For Yourself if this makes any sense! If it does then follow it! If not then thats OK too. I say this because of what I feel has been unwarranted bashing of posters to this Excellent forum, ( Which I hope lives on for many years) by y2k bashers, etc. With that said I'll present my facts on the Silver market for the last Four years, which we're related to me by a very knowledgeable Commodites broker who I deal with on a regular basis. In Dec 1995 Silvers low was $5.05, but by Feb 1996 it traded at a high of $5.89 In Dec 1996 Silvers low was $4.64, but by Feb 1997 it traded at a high of $5.34 In Dec 1997 Silvers low was $5.15, but by Feb 1998 it traded at a high of $7.50 ( Partially due to Buffets Silver purchases.) In Dec 1998 Silvers low was $4.56, but by Feb 1999 it traded at a high of $5.81

Which works out to a UNCOMPOUNDED RETURN of 24.5% which beats many of the annual stock market Indices, and all within a 90 day period of time!

The logic behind all this is something Pollys and Doomers should be able to agree on and that is that Silver is an industrial metal used for film, batteries, Etc. According to my Broker Fortune 500 Companies buy their annual supplies during the first quarter of the year hence the annual runnup!

Opportunity? Add The other possibilties in, and decide for yourself!

ZGUY

P.S. Andy, If you could post this over at USA GOLD, and at GOLDEAGLE I'd appriciate it!

Dec 1996 it was 4

-- zguy (bubbleburst@bankruptcy.con), January 15, 2000

Answers

Just in case anybody wants to know I took the average of the Dec four year lows into the average of the Feb four year highs to come up with my uncompounded 24.5% annual return for silver!

ZGUY

-- zguy (bubbleburst@bankruptcy.con), January 15, 2000.

zguy,

Thanks, I hope the pattern repeats again! I see only one fly in the martini and that is China selling off some of their stockpile.

I'll post it on usagold but I've been banned by that fucking megalomaniac VRONSKY because he took umbrage at me posting on the relationship of oil with gold... idiot.

And look what's happening to oil now, as I predicted, shortly to be followed by the next leg up in gold and silver, even if only inflation-related.

-- Andy (2000EOD@prodigy.net), January 15, 2000.

Hello Andy,

from

http://hv.greenspun.com/bboard/q-and-a-fetch-msg.tcl?msg_id=002K48

you said something about "VRONSKY because he took umbrage at me posting on the relationship of oil with gold".

Where is that available for browsing? Couldn't find it in the archives.

Thanks.

-- Cable_man (tlangan@iname.com), January 15, 2000.

Interesting trend. Please keep in mind that only one lucky buyer ever gets the low and only one lucky seller ever dumps it at the high. By definition we can't all do it.

-- Paranoia Will (Destroy_Y@BlackCopters.com), January 15, 2000.

In the late 80's silver Numismatic Morgan eagles were selling for about $305.00 each. We got some last month at 57.00 each, and last year for under 40.00 each. If this market crashes, it's the thing to own. The only reason I don't post my real name is because I don't like burglars, but call a dealer and ask if you don't believe me.

-- Princess Midas (reallyme@home.disorganized), January 15, 2000.

Sorry Cable_Man,

I was referring to the www.gold-eagle.com forum - Vrosnky owns the site and is a petty jelous little individual - doesn't like anyone being too outspoken so pulls your p/w when he feels like it.

You can try his forum archives, lots of excellent gold/oil commentary over the last 2 months - I posted there as AuVenger.

-- Andy (2000EOD@prodigy.net), January 15, 2000.

Will do, thank you Andy.

-- Cable_man (tlangan@iname.com), January 15, 2000.

Princess Midas: Do you like to mudwrestle?

-- King of Spain (madrid@aol.cum), January 15, 2000.