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<p>[QUOTE=&quot;Cloudsweeper99, post: 1474734, member: 3011&quot;]The price of silver has risen from about $5 to the present level in a little more than a decade.&nbsp; The burden of proof for too low of a price lies with the folks who believe the price should be much higher.&nbsp; The current price is somewhat above the cost of production, so what evidence is there that this price is too low?&nbsp; If the price was too low, there should be shortages of physical silver and stories in the business press about bottlenecks in production caused by the inability to obtain silver.&nbsp; Until those things happen, it seems reasonable to consider the current price to reflect a balance of supply and demand.&nbsp; I know people like Ted Butler believe the price should be many multiples higher than the present, but he doesn&#039;t present a convincing analysis for this belief.[/QUOTE]</p><p><br /></p>

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