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<p>[QUOTE=&quot;Cloudsweeper99, post: 1597189, member: 3011&quot;]The best way to obtain the cost to produce silver is to do it yourself.&nbsp; It&#039;s easier than it looks.&nbsp; Just take two or three of the major silver producers.&nbsp; Look at the total cost [including everything] on the income statement [yahoo finance is a good source].&nbsp; Then find the number of ounces produced annually, which is usually in a year-end press release or annual statement.&nbsp; Divide the expenses by the ounces and you will get the cost per ounce.&nbsp; Do this with several companies and average them, or calculate a weighted average.&nbsp; </p><p><br /></p><p>I would advise ignoring the cash cost numbers that are popular in some circles.&nbsp; </p><p><br /></p><p>This won&#039;t give you the absolute bottom price, but the long term price for silver will be something close to the production cost.</p><p><br /></p><p>Welcome to Coin Talk![/QUOTE]</p><p><br /></p>

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