InvestorsHub Logo
Followers 8
Posts 814
Boards Moderated 0
Alias Born 07/07/2002

Re: Canuck Dave post# 4527

Tuesday, 11/04/2003 10:00:56 PM

Tuesday, November 04, 2003 10:00:56 PM

Post# of 19037
I got you nailed <g> but I think you are hitting on something on silver. And it may be big. I am a more simple guy and can't figure the charts, they are like tea leaves, also like the math you did that time for me on tonnage etc., too complicated for me at this point. Or I am too lazy. <g>

But think of this in simple terms. Find the ore. Do the permitting. Build out the mine and smelter. Hire the people. Dig it up. Smelt and refine it. Stamp it into a shiny and beautiful 1 ounce round. Now how do we get $5.00. out of all that????

Something is fishy. It cost's 2.25 for a latte at starbucks. A good hamburger is 6-7 bucks.

So what is the deal CD on this dinky price for silver? I am with you but I can't figure it out. The bond market and t-bills, stock market is much larger than the silver market. Why would anybody fiddle around rigging the price? Does it make sense or is there more silver out there than we think?

Just fishing for your thoughts.
Tom

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.