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<p>[QUOTE=&quot;mikem2000, post: 1491721, member: 30574&quot;]No silver will not go to $100 oz.&nbsp; Your numbers about the amount of silver demand and the worlds yearly supply are actually very very low but the point is there.&nbsp; The statement that demand is higher than what is being mined is true, but is extremely mis-leading.&nbsp; This is just a fact that thrown around by the silver stackers but is really meaningless.&nbsp; The reason is the demand is being met and/or exceeded since below ground silver is not he only source of supply.&nbsp; Re-cycled (melted) silvers easily fills the gap.&nbsp; It really doesn&#039;t matter what source the the demand is being met from, just whether it is being met or not.</p><p><br /></p><p>Now it is true we will be needing more silver from our underground supply as demand increases, but that should not be a problem.&nbsp; Supply has easily met demand as is evidence by the falling price of silver.&nbsp; In addition, there are currently old mines being re-open and brand new projects in the works that will bring and additional 90 million oz. of silver into play each year by 2015.&nbsp; I just am not seeing a supply problem.</p><p><br /></p><p>Mike[/QUOTE]</p><p><br /></p>

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