John Heneghan

Factual Nuggets On Gold and Silver (ETFs: GLD, SLV)

Eric,

I owned Coeur d'Alene Mines Corp. (CDE) one of the largest silver producers for some time after it was reported that Buffett was buying silver, ignoring his advice to own the metal not a silver miner because of the additional risks and costs. I was taught why it was sage advice as CDE had one operating dissappointment after another. Lesson learned.

Factual Nuggets On Gold and Silver (ETFs: GLD, SLV)

Nice summary Roger. The Silver Institute has a summary of supply and demand dynamics over the past ten years through 2004 and summarizes "consumption" of ounces of silver for industrial applications and photography at www.silverinstitute.or....

I've been following silver since Warren Buffett made a large purchase of silver for BRK many years ago and commented at the time about the favorable demand-supply dynamics. I've been looking for an efficient way to own silver for the average investor and have successfully used FCX-PD to gain silver exposure but was looking forward to iShares silver ETF.