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<p>[QUOTE=&quot;JCB1983, post: 1387036, member: 23885&quot;]I see a flaw in this argument. You are basing the &quot;value of silver&quot; to the USD? What about the actual value of silver? Can you take a step back for a minute and really ponder what the value of silver is compared to the value of printed currency? I am not going to go out on a limb here and say that silver will take over as the new currency, but it does have to be mined does it not? It has purchasing power in that it actually has value? It can be used as both a commodity/industrial metal and a form of currency. What happens to the paper market when the euro goes?</p><p><br /></p><p>From all angles silver has value. Currently it has value in that it is used in medical equiptment, your t.v., your computer, solar panels, not to mention it has the highest electro conductivity of all metals. It also is used in jewelry which is is becomming more popular with my generation than gold (atleast westernized).</p><p><br /></p><p>So how about when the economy begins to slip? So the dow jones declines and silver begins to slide right? Bam.. hedge against inflation. Why? Because depending at how bad it gets we will have to have some other form of currency correct? I mean it isn&#039;t like we will resort to west virginia trade tokens, and people certainly won&#039;t go for another form of paper. Even at an open market there must be some form of exchange to universally connect guns for seed so on and so forth.</p><p><br /></p><p>You mention that people are not buying or have not bought into silver yet, and it is not taking off. So if nobody has bought into it and it is currently hovering around 37-38 per oz wouldn&#039;t this make a good case for silver when it does take off?</p><p><br /></p><p><br /></p><p>In course of this rant I would just like to point out that the value of silver continues to climb in relation to the real value of the dollar weather we would like to admit it or not? Did you ever think that oil prices could be the result of the weakening dollar?[/QUOTE]</p><p><br /></p>

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