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<p>[QUOTE=&quot;medoraman, post: 1431113, member: 26302&quot;]Well I never said that sir. I very well could see production limitations driving up prices to very high levels, but it would be more temporary. Could it spike tomorrow to $100 an ounce? Heck yeah it could. Could that be sustainable for 4 years? Yeah. Could it be sustainable for a decade? That is getting a little more doubtful to me unless we find some huge, unsubstituable new demand for silver, like a new ultra efficient, ultra light battery that powers all of our new cars. </p><p><br /></p><p>Unfortunately the mining industry, by its huge capital upfront outlays, is a very slow moving industry. It could be caught short very easily versus a price spike, but if the prices stay up there, could very well overbuild capacity which could overhang prices for a long time.&nbsp; We are probably right now subject more to a shortage than an excess in the industry, but that could change in the future. For today&#039;s market actions, I don&#039;t see this as a concern. Its more of a long term trend to watch.[/QUOTE]</p><p><br /></p>

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