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<p>[QUOTE="medoraman, post: 1626169, member: 26302"]What "shortfall"? I just explained we have 275 Million MORE ounces above ground just in one year than we used industrially. In my view, we are creating massive PILES of silver every year, more and more above ground, not the other way around. If we dug up 761.6 million ounces of silver, and industry consumed 486.5 million ounces, where did it go? Its STILL HERE. 275 million ounces, almost 19 million POUNDS, are now in human hands that never were before, just from one year of mining. Is that not true?</p><p><br /></p><p>Regarding the hope that future events will force all humankind to buy a product they don't wish to buy today, well, I can just say we will see.</p><p><br /></p><p>I know I am sounding like a raging bear but I am not. I am more a middle of the road guy regarding metals, basically considering them condensed oil and a nice inflation hedge. Plus, I simply like owning it.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1626169, member: 26302"]What "shortfall"? I just explained we have 275 Million MORE ounces above ground just in one year than we used industrially. In my view, we are creating massive PILES of silver every year, more and more above ground, not the other way around. If we dug up 761.6 million ounces of silver, and industry consumed 486.5 million ounces, where did it go? Its STILL HERE. 275 million ounces, almost 19 million POUNDS, are now in human hands that never were before, just from one year of mining. Is that not true? Regarding the hope that future events will force all humankind to buy a product they don't wish to buy today, well, I can just say we will see. I know I am sounding like a raging bear but I am not. I am more a middle of the road guy regarding metals, basically considering them condensed oil and a nice inflation hedge. Plus, I simply like owning it.[/QUOTE]
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