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<p>[QUOTE=&quot;InfleXion, post: 1236532, member: 29012&quot;]You are speaking my language. Silver is the most reflective, best thermal conducting, best electroconducting metal. It cannot be replaced in the vast majority of its industrial applications, nor recouped, and is already considered the &#039;cheap alternative&#039; to many other metals. In the event the economy does not do well and industrial demand drops, it will still behave as a monetary metal and run along with gold. Above ground available silver is at the lowest level it&#039;s been in 700 years. The entire human accumulation of silver has been close to being used up, and silver is 7-15 times more rare than gold above ground depending on which sources you use, and estimates are difficult to nail down. The numbers I go by are 7 billion oz of gold which is generally agreed upon, and between 500 million oz and 1 billion oz of silver above ground. Of course some could come out of the woodwork, but the declining trend is clear and is a warning sign to me that silver may be the first metal to become unavailable at some point down the road. Mines are also going deeper because they&#039;ve tapped most of the easy to develop reserves. Due to epithermal deposition silver primarily exists near the surface of the earth&#039;s crust, and will likely become increasingly expensive and difficult to mine while demand from things like solar panels, tech gadgets, and the countless other applications for nano silver will likely cause demand to exceed mine supply and continue to use up existing resources. </p><p><br /></p><p>Nothing is assured though.[/QUOTE]</p><p><br /></p>

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