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<p>[QUOTE=&quot;medoraman, post: 1840855, member: 26302&quot;]I cannot disagree. I am not saying peak oil cannot happen, just pointing out the reason they predicted it 5 or 6 times already and it hasn&#039;t come to pass. I also agree pm is basically storable oil in many ways. However, since peak oil and peak natural gas has been predicted and failed, I was simply pointing out WHY the peak never materialized. This is important information if someone is investing on either a peak oil or peak silver hypothesis. You could get very burned betting silver or gold mining will peak by a certain date only to have it not be true. I have seen a few pm websites hint &quot;we are running out of&quot; pm, so wanted to educate others on the danger of investing on that argument. &quot;Running out of&quot; is a function of economical reserves, NOT theoretical ones, and very much can move dramatically, and that small difference could possibly clobber someone.[/QUOTE]</p><p><br /></p>

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