Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1998-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Supply and Demand Fundamentals for Silver

Matt Schwab asked a question about the silver purchase last year. When you announced it, you said that you believe that supply and demand fundamentals would only be established at a higher price. I was just wondering if you could go into more detail about what some of those fundamentals are. We have no insight information about great new uses for silver or anything of the sort.

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