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<p>[QUOTE="InfleXion, post: 1626246, member: 29012"]It is true, but it's beside the point. The shortfall is there in that demand exceeds new supply each year. This is the shortfall I am referring to, and that is met each year by going out and purchasing the existing silver you are referring to which is labelled "old silver scrap". The fact that existing silver must be purchased to meet demand means that people must be willing to sell. Yes, they will sell for the right price. Since the demand is outpacing new supply now more so in 2011 than ever before the <u>available</u> supply is getting tighter. It doesn't matter how much silver is out there if it won't come to market. We agree that it will, but I think the question is what price will be needed to sustain this since mining supply is not getting the job done by itself, and is even losing ground to overall demand. If the trend is any indication then increases in demand will continue to outpace increases in mining supply. While that increases the overall potential for silver to come to market it still requires former demand to become future supply which is a variable I don't think anyone can predict since it ultimately hinges upon societial psychology. I of course am doing my best to influence that psychology because I feel it is imperative for people to own precious metals to protect themselves from what I perceive to be a mathematically inevitable conclusion. I could be wrong, but that's where I'm at.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1626246, member: 29012"]It is true, but it's beside the point. The shortfall is there in that demand exceeds new supply each year. This is the shortfall I am referring to, and that is met each year by going out and purchasing the existing silver you are referring to which is labelled "old silver scrap". The fact that existing silver must be purchased to meet demand means that people must be willing to sell. Yes, they will sell for the right price. Since the demand is outpacing new supply now more so in 2011 than ever before the [u]available[/u] supply is getting tighter. It doesn't matter how much silver is out there if it won't come to market. We agree that it will, but I think the question is what price will be needed to sustain this since mining supply is not getting the job done by itself, and is even losing ground to overall demand. If the trend is any indication then increases in demand will continue to outpace increases in mining supply. While that increases the overall potential for silver to come to market it still requires former demand to become future supply which is a variable I don't think anyone can predict since it ultimately hinges upon societial psychology. I of course am doing my best to influence that psychology because I feel it is imperative for people to own precious metals to protect themselves from what I perceive to be a mathematically inevitable conclusion. I could be wrong, but that's where I'm at.[/QUOTE]
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