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<p>[QUOTE=&quot;jolumoga, post: 1767401, member: 41780&quot;]Yeah, for a while it was trendy to bash silver as an investment, and it was pointed out how the bulls here were silent or disappeared.&nbsp; Well, I predicted the bears would be silent on an upturn.&nbsp; With silver&#039;s pop over $21 per ounce today, it appears as though the precious metals bull run is far from over.&nbsp; After all, with a soaring stock market and low inflation expectations, the groundwork was set for silver to be pounced to $15 or under, yet it did not happen. </p><p>&nbsp;</p><p>I respect different opinions here, but the idea that the total cost to mine silver is under $10 per ounce is just ludicrous.&nbsp; That is a misreading of basic accounting and a fantasy -- as if we are still living in the year 2000, when oil was still cheap (extracting silver and other metals from mines requires a lot of oil, as I understand it). </p><p>&nbsp;</p><p>Now, I am not going to jump up and down and declare victory, because silver may get pounced again temporarily.&nbsp; It just seems that the call of the bull run&#039;s end was <b><u>very, very, very</u></b> premature.[/QUOTE]</p><p><br /></p>

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