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<p>[QUOTE=&quot;medoraman, post: 8265055, member: 26302&quot;]Um, give me oil and I can mine gold and silver. Gold and silver have always been proxies for the cost of the oil to extract them long term. PM is not fixed at all, how many millions of ounces of new production are mined each year?</p><p><br /></p><p>Yeah, it cannot be increased as quickly as fiat, but never believe the amount of PM is truly fixed. Put gold at $5000 and ounce for a few years and see how many millions and millions of more ounces hit the market.[/QUOTE]</p><p><br /></p>

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