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<p>[QUOTE=&quot;medoraman, post: 1431012, member: 26302&quot;]If you are talking about the copper mines, I doubt it. One, they produce just way too much copper versus any other metal for anything but copper to be the main product. Second, if silver skyrocketed, why do you think copper would not follow suit? I have said it many times, copper is the best replacement of silver for most applications. Silver is great, its the best conductor, yet my home is wired in copper, with the thickest wire being aluminum. Even copper is replacable at a price, that is the point. There already is wholesale substitution that has been done replacing copper for silver, and I simply believe there is a price at which every other industrial application save maybe catalysts that copper would replace silver if need be.</p><p><br /></p><p>If prices spiked, what you would see is not a reorganization of copper mines, but pursuit of silver mines. Like I said, I do not believe we have even seen an ounce of extra production that $30 an ounce will generate, as lead times for mines are about forever nowadays with regulators. There are LOTS of&nbsp; unmined deposits we know about, and many more we can discover, that have not opened simply because silver has been below $10 an ounce for a couple of decades. I don&#039;t know a lot of things, but am pretty sure I know long term higher prices drive higher production in a capitalistic society.[/QUOTE]</p><p><br /></p>

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