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<p>[QUOTE=&quot;Cloudsweeper99, post: 78850, member: 3011&quot;]Speedy,</p><p>Rick,</p><p><br /></p><p>All I can say is check it out.&nbsp; Not believing the figures without checking is a mistake.&nbsp; I&#039;ve noticed over the years that a lot of people make mistakes because they can&#039;t distinguish between fact and opinion, or believe they are of equal value.&nbsp; One place to start is <a href="http://www.silverinstitute.org" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.silverinstitute.org" rel="nofollow">www.silverinstitute.org</a>.&nbsp; Click on the Supply and Demand button and study the figures.&nbsp; You will find that every year the consumption of silver exceeds the production plus scrap figures.&nbsp; And the difference is made up by government sales from their inventories plus something they call &quot;disinvestment&quot; which are really sales from other known inventories.&nbsp; Now keep in mind that the Silver Institute is regarded by many as having an agenda to keep the price of silver low, and their figures are slanted in that direction to understate the problem.&nbsp; But even they can&#039;t hide the shortages.&nbsp; There is a huge amount of information out there about the shortage of silver that is almost upon us.&nbsp; But I&#039;ll leave it to you to decide whether to pursue it, or continue to rely on opinions and gut feelings.&nbsp; Strictly speaking, studying silver as a commodity isn&#039;t numismatics, although it could have a very big impact on the future value of many of the coins all of us hold.</p><p><br /></p><p>And regarding Speedy&#039;s silver sale, all I can say is that judging from the futures market, the next move in the price of silver looks like it may be a swing down in a long term uptrend.&nbsp; So you will have a chance to undo your sale, which I believe was not a good long term move [opinion only].[/QUOTE]</p><p><br /></p>

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