Reply to Thread

Message:: [QUOTE="medoraman, post: 1236831, member: 26302"]I never claim to have any insight or wisdom Inflexion, just an opinion. In my opinion, what worries me a little on silver long term is the Implied investment and coin production numbers. Those are going straight up, but I would consider a large amount of the coins to effectively be bullion, as they trade as if it is. Pretty soon these numbers will represent an entire years worth of production, sitting inventory that could hit the market at any time a better opportunity in the eyes of the investors come along. Also, the industrial usage hasn't shown what the usage will be after producer hedges expire and they have to start paying 30+ an ounce. Another member here has stated that is company that uses silver has redoubled their efforts to salvage as much as possible, even for operations that have no easy alternative. Some industries may have a lower cost alternative. That is the negative in my eyes. I still love silver, still buy silver coins regardless the price, and still think long term it will hold its value. I just worry it may be a little bubblish short term, (next couple of years). It will probably still go up from here, but I have so much today I will not be buying at todays prices. Your arguments for silver were 1000% right in my eyes just a few years ago, but the market has since corrected. Like I said, just an opinion, and most others here will probably have a different one. Chris[/QUOTE]