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<p>[QUOTE=&quot;JJK78, post: 1625823, member: 19207&quot;]Well as I have stated before supply and demand will rule, and silver will be the first one to rear its head due to the massive short positions the large central banks have.&nbsp; Gold will go up but not nearly as much as silver as there is plenty of gold go around for now~&nbsp; That is until all the paper holders who have 100-1 oz claim tickets... most of them won&#039;t get any and may as well hold onto dollars which will be worth as much as toilet paper eventually, but if you are smart and holding physical you won&#039;t have that problem.</p><p><br /></p><p>I believe silver should be much much more expensive then it is considering its many industrial uses, we have burned up pretty much all of the silver ever mined in history EVER.&nbsp; We currently use up about 800-900 million ounces a year, mining deposits are not as rich as they once were, and we are using more and more every year.&nbsp; </p><p><br /></p><p>Certainly one day we will probably be able to dig up the landfills and refine silver from old electronics, but that will only happen once the price reaches a level which makes it worth while to recycle it from there... In the mean time we are recycling all the easy stuff, but still consuming it at a rapid rate.</p><p><br /></p><p>Here is an excellent little article with a video attached which explains it in a clear and easy way...&nbsp; <a href="http://businessinvestorpro.com/how-much-silver-is-in-the-world/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://businessinvestorpro.com/how-much-silver-is-in-the-world/" rel="nofollow">http://businessinvestorpro.com/how-much-silver-is-in-the-world/</a></p><p><br /></p><p>But basically it says that if every american (approx 350 million people) were to buy 2 oz of silver, we would consume the entire annual mine production.&nbsp; Certainly you can argue that the silver is not technically gone... but look at it from an industrial usage stand point, they CONSUME over 800 million ounces a year and in fact if we were not currently recycling as much silver as we are, we would be running a deficit of silver each year... look at the numbers for yourselves... they don&#039;t lie~</p><p><br /></p><p><a href="http://www.silverinstitute.org/site/supply-demand/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.silverinstitute.org/site/supply-demand/" rel="nofollow">http://www.silverinstitute.org/site/supply-demand/</a>[/QUOTE]</p><p><br /></p>

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