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Re: None

Sunday, 06/20/2004 4:29:19 PM

Sunday, June 20, 2004 4:29:19 PM

Post# of 78
Somewhat OT:

You folks seem to be knowledgeable in the silver market. I import sterling jewelry parts from Bali for my website business. Saw silver go from $5 to $8 over the last few years. The Bali wholesalers did not increase per gram prices until last month and have since eased off. What is the long-term outlook on silver? Can't believe it took these guys 3 years and a gradual 60% increase in silver price to finally raise prices, and then for only a short time.

Any thoughts? Or reference to a better board for discussion of silver prices? Don't want to trade, just need to know when to restock inventory. My regular broker is hesitant to even attempt to hedge my business inventory in my stock accounts - says I am playing against VERY big boys who are very hard to beat. This guy is not wet behind the ears - 30+ years of experience and millionaire in his own right. I carry approx. $30,000 in parts all the time.

Thank you.

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