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<p>[QUOTE="Cloudsweeper99, post: 1264865, member: 3011"]No, but since the total cost of production for silver has risen to a level of approximately $20+, the only way we can have $10 silver is if the world decided that it has enough above ground inventory and will never require more. Of course, the price could spike down or up to just about any price you can name in a wild market, but the days of $10 silver for any sustained period of time are probably over. And yes I know that most silver is produced as a byproduct, but primary silver mines are the marginal production factor that sets the price, and they need $30+ silver to operate.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1264865, member: 3011"]No, but since the total cost of production for silver has risen to a level of approximately $20+, the only way we can have $10 silver is if the world decided that it has enough above ground inventory and will never require more. Of course, the price could spike down or up to just about any price you can name in a wild market, but the days of $10 silver for any sustained period of time are probably over. And yes I know that most silver is produced as a byproduct, but primary silver mines are the marginal production factor that sets the price, and they need $30+ silver to operate.[/QUOTE]
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