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Message:: [QUOTE="yakpoo, post: 1161901, member: 18157"]I thought I had, but I'll try again... 1. Industrial demand has steadily decreased over the past 10 years.2. Production and reclaimation has steadily increased over the past 10 years.3. Recent prices increases are solely due to inflation speculation. Inflation won't pick up until the economy improves (and it eventually will), but interest rates will also rise, making other investments more attactive. That's not fact; just my opinion...but it's what I believe and why I come to the conclusions I do. It doesn't hurt my feelings if you believe otherwise...and you may be right. :cheers: In 1933, we were still on a gold standard, but the governement needed to inflate the money supply to help pull us out of the depression. The only way they could do that was to revalue gold...which was the main reason for the recall. If you know of other reasons, please let us know. As far as the relative price of silver to gold, I would guess their prices are more a function of the cost of extracting new deposits from the ground than the "above ground" supply. Countries buy gold and silver for different reasons and the demand/desire for gold must be greater than silver.[/QUOTE]