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Vince1172 (94.02) Submitted: 4/14/07 5:36 PM : Start Price: $36.97 AEM Score: 101.47
Here are the two most bullish factors affecting silver. 1. The world has nearly run out of silver. 2. The nations of the world have printed up nearly unlimited amounts of unbacked paper money. Put together, these two factors have never occurred before in the history of mankind. True, the world was once using silver as money in many nations at once. But back then, in the late 1800's, the world had 5-10 billion ounces of silver to use as money. Today, we have much, much less, because most of the silver that has ever been mined in the world has been consumed by industry, and we may be down to about only one billion ounces or less. True, there have been hyper-inflations as paper money has been printed to excess. But at those times, it was usually in one nation at a time, and there was still plenty of silver (and gold) to be used as money. Today, no nation is using silver as money. And today, the world is almost out of silver. These factors create this once-in-history opportunity. Silver today may be the best investment opportunity in the history of mankind.
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theskyiscrape (< 20) Submitted: 5/16/07 6:54 PM
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The United States of America's of the world have printed up excessive amounts of paper money backed by oil. Hence one of the key reasons for the invasion of Iraq: Hussein started selling oil on the Euro, devaluing the Greenback. Since everyone needs oil, everyone needs the currency in which it is traded. Iran has incidentally threatened the same action, and look at the recent involvement of the US here. If any of the members of OPEC follow through with the threat to trade oil in Euro's (or any other non-American currency), look for USA led invasions. Of course, the official reason for these invasions would be 'terrorist' or 'global security' based. The already over-printed and vulnerable greenback would collapse under the weight of such a change.
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garifool (59.15) Submitted: 7/17/07 8:52 PM
Please could you explain your point better?Your reasoning about silver sounds a lot like the junk mail that I receive, but it doesn't mean that it's wrongBut what have AGNICO EAGLE MINES and silver in common?As far as I know, AGNICO EAGLE MINES is mostly if not exclusively focused on gold, has just completed the acquisition of the common shares of Cumberland Resources Ltd, which was also exclusively in Gold.If you wanted a silver stock, I think you picked the wrong one here. What about Pan American Silver Corp (PAAS)?Can't understand why your pitch has been recommended twice!!!
bdash (66.35) Submitted: 12/29/07 12:45 AM
umm..... AEM is in gold. also if were almost out of silver how come there are so many silver mining companies out there?
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