Message:

<p>[QUOTE=&quot;InfleXion, post: 1378744, member: 29012&quot;]Silver has the best supply and demand fundamentals. Mining supply does not meet total demand (investment plus industrial demand, which are both growing). There is only about a half a year&#039;s worth of mining supply available on the open market today, the lowest surplus in 7 centuries, and once that is gone the price will explode to wrestle it out of the strong hands who have been acquiring it in anticipation of that. Silver has the highest margin requirements on the paper markets of any commodity in the world, which means that it is actually the least speculative commodity because the only people in that market are people who have the actual money. Since the paper market trades over 1 billion oz per day of silver that does not actually exist, and that is more than is mined in a whole year, then the supply and demand dynamics we are currently amidst are not reflective of the coming supply shortage. The all time high of silver was back in the 1400&#039;s at over $800/oz in 1992 US dollars (even more in today&#039;s dollars which are much more devalued than in 1992). The current gold to silver ratio is 50 to 1, yet silver is only 7 times more abundant in the Earth&#039;s crust today according to mining numbers. It used to be 17 times more abundant, but the supply underground is actually depleting because of epithermal deposition, a phenomenon that causes silver to exist primarily in rich veins near the surface of the crust due to its melting point. So silver is mined primarily as a byproduct, deeper in the ground, and more dangerous and expensive to get at for less return. Available silver above ground is actually more than 10 times more rare than gold, because silver gets used up and often discarded due its more than 10,000 industrial uses, second only to oil. Silver is the most refelctive metal, the best heat conductor of any metal, and the best semiconductor of electricity. It cannot be substituted without the drawback of not only being more expensive, but also a loss of quality since nothing is comparable to it in these regards.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in