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<p>[QUOTE="Vess1, post: 1429469, member: 13650"]Has anyone here done any serious research into how much physical silver is left in the ground on Earth? I'm sure this is very similar to oil with much speculation swirling around any opinion. Based on what I've heard, I would say we're already past peak oil and probably heading down the other side of the curve. I've talked to some people who think there's gobs of oil left out there and we're still heading up the curve. That it will be plenty to last us for 200+ years, "globally" (which really isn't that much time for how much we rely on it.) </p><p><br /></p><p> Is there any similar opinion on when we'll hit peak silver? Or if we already have? How much do they think has already been mined? How much more is thought to be available if prices got so ridiculous that they could theoretically mine it anywhere? Just like oil, consumption has sky-rocketed compared to 100 years ago. Had it stayed at the old rate of consumption, there would probably be no serious concern. But I'm wondering if at the new rate of consumption, with so many people and so much more industry, if it will get fairly scarce over the next 100 years? Well, maybe not scarce but far more expensive to obtain. Is it inevitable?</p><p><br /></p><p> It's hard to trust the facts of any place that's selling PMs. I also don't trust the government for information because you know dm well they'll be telling us there's plenty of oil, (or whatever) and nothing to worry about via cell phone from their motorcades as they head to their underground bunkers in Virginia. I would not expect any official to say anything that would cause alarm until after it has already physically happened and can't be denied anymore.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1429469, member: 13650"]Has anyone here done any serious research into how much physical silver is left in the ground on Earth? I'm sure this is very similar to oil with much speculation swirling around any opinion. Based on what I've heard, I would say we're already past peak oil and probably heading down the other side of the curve. I've talked to some people who think there's gobs of oil left out there and we're still heading up the curve. That it will be plenty to last us for 200+ years, "globally" (which really isn't that much time for how much we rely on it.) Is there any similar opinion on when we'll hit peak silver? Or if we already have? How much do they think has already been mined? How much more is thought to be available if prices got so ridiculous that they could theoretically mine it anywhere? Just like oil, consumption has sky-rocketed compared to 100 years ago. Had it stayed at the old rate of consumption, there would probably be no serious concern. But I'm wondering if at the new rate of consumption, with so many people and so much more industry, if it will get fairly scarce over the next 100 years? Well, maybe not scarce but far more expensive to obtain. Is it inevitable? It's hard to trust the facts of any place that's selling PMs. I also don't trust the government for information because you know dm well they'll be telling us there's plenty of oil, (or whatever) and nothing to worry about via cell phone from their motorcades as they head to their underground bunkers in Virginia. I would not expect any official to say anything that would cause alarm until after it has already physically happened and can't be denied anymore.[/QUOTE]
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