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<p>[QUOTE=&quot;jjack, post: 1304566, member: 33596&quot;]^ </p><p>As for your argument of Silver prices going up here are some counter arguments:</p><p><br /></p><p>If there is global economic slowdown all those metals that are consumed&nbsp; for industrial use Platinum, Silver and Rhodium will get hit hard. More than Half of Silver consumption is for industrial purpose.</p><p><br /></p><p>Also keep in mind cost to mine Silver is only around $ 7/oz vs $700/oz for gold, the minute Silver even reaches $50/oz every gold miner will start switching to Silver since profit margin will be much higher increasing output drastically. </p><p><br /></p><p>Amount of fake Silver items will also greatly increase if Silver prices go up making it unlikely that it will be used for any monetization why? unlike gold which is dense metal (Platinum, Rhodium) are metals with densities close to it they are as expensive as gold and Tungsten which is brittle is hard to work with you can may be use it for fake gold bars. But SIlver in other hand has density of around 10.5 a cheap copper/lead alloy with silver plating will fool most weight/measurements tests and even acid tests (unless you chip away the plating).[/QUOTE]</p><p><br /></p>

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