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<p>[QUOTE=&quot;goldcollector, post: 1795953, member: 9088&quot;]You have a right to your opinion, but I wonder what you see that makes you think silver has a potential to skyrocket in price ? Its around $21 an ounce and there is silver everywhere to be purchased within a $2 to $3 premium. I remember when it was around $32-$33, people said if it ever fell back under $25 there would be nothing anywhere available. Oh how wrong they were.</p><p>&nbsp;</p><p>Silver has gotten close to $50 twice and both times resulted in an immediate smackdown. The first time, it fell 90% to $5, this most recent time it fell about 65% to $18.</p><p>&nbsp;</p><p>There were over 40,000,000 ASEs made in 2013 alone with spot around $20. There is no problem with supply but probably 30,000,000 of those are still sitting in dealer/flipper inventory looking for demand that isn&#039;t even there at $21.</p><p>&nbsp;</p><p>For me to believe that there is potential to skyrocket in price, I would need to see less than the current hundreds of millions, if not billions of ounces of silver available for sell at $21 an ounce.</p><p>&nbsp;</p><p>JMO but anyone waiting to see $35 silver anytime soon - good luck with that. On 1/1/20 I would be surprised if silver is even $15 an ounce.[/QUOTE]</p><p><br /></p>

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