Silver on its way to $80 an ounce

Yes. Especially since copper, nickel, and cotton supplies are low.

 

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Hmm.. I never said (recently) that silver should be used as money. This is beside the point that silver is in fact money by the very definition of the word according to the dictionary, and is the same synonymous word used for money in numerous languages.

The supply/demand picture is entirely independent of this. Silver could never be used as a circulating currency again, and supply would still not meet demand under current circumstances.

 

My Websters does not define silver as money, however, it does define it as a commodity (as are all things). If that is the point, then all things are money, and if all things are money, then we do not need money.

It is the same if you subtract demand from current supply and fractionalize it compared to the following month's production as the tangent of the increase or decrease in the world's silver supply.

Silver could be used as a currency. Instead of of a burger costing $2.50, it would only cost a dime.

 

Oh you boys are so predictable. Here comes the gold standard argument...tic tok.

 

Oh, quite to to the contrary. Just an example that the use of silver as a means of exchange is very possible.

Ultimately, no standard need be used. All commodities would be used and bartered, gold included.

 

gold has no value to vampires

 

One could trade blood with a vamp. All things to be traded and traded alike.

 

Silver $80/ounce by December 2012.

 

What is the argument or foundation for that statement?

 

December 2012...what day? 22nd? ...I don't think so! :devil:

I got this image in my head of December 21st, 2012...

All the CT folks (since we're pure) will be drifting up to heaven in the Rapture; in one hand, a valise full of gold & silver coins...in the other, a .44 Magnum...to keep all the greedy Angels away!

 

Is that a prediction of the end of the world by December?

 

December 21st, 2012...end of the Mayan calendar...

 

I like Mayan culture and all, but I will be celebrating Christmas in my home on the 25th of December.

 

:whistle:

 

Ain't no Mayan end of the world disrupting my Christmas.:yes:

 

:whistle:

Maybe so, but just make sure you valise is packed and your .44 is loaded.

 

Always prepared.

 

wow

 

Dracula loves gold. Disco Gold....

[video=youtube;pvgMIpz7DkI]http://www.youtube.com/watch?v=pvgMIpz7DkI[/video]