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<p>[QUOTE=&quot;medoraman, post: 1122077, member: 26302&quot;]Well Winged, how do you explain that silver used to have a production/usage deficiency due to industrial usage as recently as 2007, but nowadays industrial usage is down but what is creating a deficiency is &quot;investment&quot;. I do not consider &quot;investment&quot; a usage but rather product that can return to the market at any time, unlike true usage like industrial applications.</p><p><br /></p><p>I am with Cloud, that these boards are sounding a lot like AOL or other boards in the late 90&#039;s. Yes, PM&#039;s can climb much higher, there is no real limit. However, even &quot;smart&quot; buyers of tech stocks in the late 90&#039;s, buying on dips, got creamed. Regarding physical shortages, this happens every time there is a PM runup. There isn&#039;t enough stock to go around when many new participants buy, physical PM has always been a thin market. And speaking of how much press silver is getting, a B&amp;M dealer friend told me he has not ever seen, (he opened in the 80&#039;s), so many new people reading about silver and wanting to buy in his shop. There are tons of stories about silver, tons of new people buying, and shortages are to be expected. I still say all of this purchasing is being counted as &quot;investment usage&quot;, and will create a large overhang that can put tremendous downward pressure on this market if average people decide they want to sell.</p><p><br /></p><p>I am not trying to say anything about the price silver will go, just agreeing with Cloud on his points and adding a couple of my own to think about.[/QUOTE]</p><p><br /></p>

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