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Re: Is A Physical Silver Shortage Spike Imminent?

By: Decomposed in ROUND | Recommend this post (0)
Mon, 12 Dec 11 7:13 PM | 52 view(s)
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Msg. 36983 of 45651
(This msg. is a reply to 36981 by capt_nemo)

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re: "When i worked at the gold mine , our salaries were paid from silver"

And way back, when I used to be a GPXM shareholder and toured Golden Phoenix's facilities in Nevada, I saw and took pictures of the silver they were hauling out of the ground - a result of their gold mining.

I'd post the pics for you now, but I'm currently blocked from accessing the site where I have my photos archived. (My office IT department has determined it to be a 'social networking' site, and I'm not going to push the matter. Bummer.) Maybe this evening I'll post the photos...

Needless to say, the dollars they were getting from silver were practically as significant as what they were getting from gold. Neither was very good... and GPXM is currently 7 cents a share. (Back then, it was around 30 cents.)




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Is A Physical Silver Shortage Spike Imminent?
By: capt_nemo
in ROUND
Mon, 12 Dec 11 6:30 PM
Msg. 36981 of 45651

I agree on silver being a by product. When i worked at the gold mine , our salaries were paid from silver, Gold was all theirs.


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