vse

Is Silver Standard Resources Undervalued?

Dear BxCapricorn -
I had been reading and thoroughly enjoying your blog for some time, and was shocked when one day it seemed to vanish. Can I respectfully ask why, and/or if you have a link to a new blog destination?

Best Regards,
B. Kaiser

On May 22 09:01 AM BxCapricorn wrote:

> Good comment about there being less than one billion ounces of investment
> grade silver, and the SLV ETF holding over 200M ounces last I looked.
> The LSE listed ETF - PHAG, holds 10M ounces, and there is currently
> 400M ounces sold short, according to the Commitment of Traders report,
> available here...
> www.cftc.gov/marketrep...
>
>
> We get a few more ETF's started based on physical possession of an
> industrially-used and consumed metal like silver, whose current mining
> cannot keep up with current demand, slide 39 of the May 2008 presentation...
>
> silverwheaton.com/main...
> and we've got an interesting situation.