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Message:: [QUOTE="Ethan, post: 1920177, member: 68800"]If currency was stable I would agree...it is not, not even close. Silver $10 is a gift in my mind. I could go into a diatribe but I will not. Most of the Silver is mined as an after thought, Zinc, copper whatever. Here is the the focal point, and these numbers are not accurate but in the ballpark for point of discussion. In years past Gold was mined at 20-40g per ton, now it is less than 10 except for the last of the good mines. China itself purchased the entire world mine production or about 70% of it anyway. That doesn't bear in mind that China is the LARGEST gold producer in the world these days not South Africa. So you are probably wondering why I am talking about Gold and not Silver. Well it is a big picture thing. You see Silver is also an industrial metal, Gold is not. Silver is consumed, Gold is not. I think there is more GOLD in the world today by a factor of at least 5 than silver. Well that is until everyone sells grandma's silverware etc. Investment wise there is around ~100k tons of Gold.....Silver is probably more but not in the markets as of now. If the price corrects, then Silver will come from the wood works. But still so you think there is 100K tons x 15 of Silver out there? I do not. $10 silver is a joke and I am glad it is so low.....15 to 1 is reasonable, at $1300, sliver should be around $86. Am I wrong? Could be but I am an engineer and math doesn't lie..in the big picture.[/QUOTE]