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<p>[QUOTE=&quot;medoraman, post: 1626251, member: 26302&quot;]We are close to agreeing, I simply view mined silver as going to industry, and &quot;extra&quot; going to everything else. So, we must &quot;take back&quot; or melt some of the &quot;everything else&quot; pile each year to make NEW &quot;everything else&quot;. Basically old coins and tea sets are being melted to make NEW coins and tea pots each year. </p><p><br /></p><p>IF current mining was insufficient to cover industrial needs I would be more concerned and worried. However, industry has relationships with the miners, so I feel industry will get what raw materials they need, (maybe at a price they don&#039;t like, but still), but I simply believe it would be coins, tea sets, and other uses of silver outside industry that would feel a physical shortfall if there came to be one. </p><p><br /></p><p>That is my view of it, and why I really only consider industrial consumption as the real &quot;consumption&quot; of silver.</p><p><br /></p><p>Like I said, if industrial consumption were above mining levels, I would be right there with you. Well, actually, maybe not. I would probably be quietly buying up silver and not really bringing up the issue for fear of competition. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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