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<p>[QUOTE=&quot;longnine009, post: 125662, member: 1886&quot;]IMO there are way too many variables. Here&#039;s a few of what may be hundreds:&nbsp; </p><p><br /></p><p>Globalization may also mean that no one will be an &quot;economic power&quot; for very long.&nbsp; Right now the wages in China in some industries have gone up 40%. Globalization, IMO, means that living standards can only go up so much and then they&#039;ll be someone somewhere that will do all cheaper. Vietnam may be nipping at the heels of China and India in the near future. </p><p><br /></p><p>Over the next 20 years, if all things remain the same, (and they surely won&#039;t) living standards in developed countries will continue to decline and in developing&nbsp; countries they will continue to increase but only to a point.&nbsp; And then they&#039;ll be in the same boat as we are. Luddite reactions in developed countries&nbsp; (see Paris riots for illustrations&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> )&nbsp; and in developing countries that are ousted by another developing country might drive the price of gold and silver more than anything else. The &quot;New World Order&quot;&nbsp; is not going to be orderly at all. </p><p><br /></p><p>But what if it really got bad? Then maybe&nbsp; a 3 foot banana clip will be&nbsp; more &quot;innovative&quot; and valuable than gold or silver? There might be a lot of preceived utility in being able to just lean over&nbsp; on your AK47 and hold the trigger <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p>Alot of mine production comes from unstable countries that appear very much to me to be going Marxist which may be bad for supply. </p><p><br /></p><p>But then again there is always an above ground supply of silver. If&nbsp; the price goes high enough people will be selling their coins and art bars just as they did it 1979. Isn&#039;t Warren Buffet sitting on 120 million ounces of silver that he could sell off if the price went high enough?</p><p><br /></p><p>47% of silver is consumed in electroics and the U.S is the consumption king. But for how much longer? Sooner or later 5 minus 10 really will equal&nbsp; negative 5 no matter how much mushroom tea the&nbsp; Federal Reserve drinks.&nbsp; Which brings us back to China. Even if they aren&#039;t ousted in the near future as Walmart &#039;s cotton plantation, how rich will they be investing in&nbsp; U.S Treasury bonds? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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