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<p>[QUOTE=&quot;medoraman, post: 1430319, member: 26302&quot;]As to how much is still in the earth, I can very comfortably say its way more than has ever been mined in the history of mankind. </p><p><br /></p><p>Now, how much is economically recoverable TODAY? That is a different question that you would have to go to the silver institute or somewhere for. However, this is a moving target, and the higher silver goes, the larger, (maybe much larger) this number also goes. It takes time to start a mine. I know it feels like forever to us since silver first hit $30, but I seriously doubt a silver mine could be located, permits granted, ovelay removed, and one ounce produced in the timeframe that silver has first been $30 an ounce. I do not believe we have yet to see any increased production from $30 silver yet, let alone what could be mined at higher prices.</p><p><br /></p><p>Btw inflexion, I think your 7-1 ratio could be right, but don&#039;t forget to factor in golds much higher price as to why the ratio is 7-1 versus 17-1. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I believe the majority of silver still is not even mined for, but simply a waste product of mining for copper.[/QUOTE]</p><p><br /></p>

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