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<p>[QUOTE=&quot;InfleXion, post: 1712960, member: 29012&quot;]We can&#039;t recover any nano-silver applications, which are many. Much of it can be recovered from standard electronics and other indsturial uses, but the price of silver is not currently cost effective enough to justify the cost in recycling as much as we could be. </p><p><br /></p><p>While mining supply numbers are growing, they are still losing ground on total demand each year. Mining covers roughly 75% of demand so the other 25% must fall to either recycling or buying from people who do not want to sell for a loss. If investment demand keeps growing like it has been then mining supply will continue to fall shorter and shorter. I will be eagerly anticipating the 2013 numbers when they come out next year. </p><p><br /></p><p>So really the question is price. Will silver become profitable enough for us to go get all that metal that can be retrieved from landfills? Will silver become profitable enough for existing holders of metal to want to sell it? This is not going to happen with silver in the low 20s. </p><p><br /></p><p>If the price rises accordingly then we will never experience a shortage. If not allowed to rise to meet the mining shortfall then we will eventually experience a shortage, but it&#039;s anybody&#039;s guess how long that could take. </p><p><br /></p><p>But yes you are correct, we can&#039;t consume the element. What we have essentially done is dispersed it to the point where gathering what can be recovered requires additional cost. </p><p><br /></p><p>I don&#039;t know specifically how much it costs to recycle but I would bet that your average minimum wage worker who gets paid $10/hour will not recover 1 oz of silver in 2 hours of rummaging through a garbage heap.[/QUOTE]</p><p><br /></p>

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