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<p>[QUOTE="InfleXion, post: 1477012, member: 29012"]Nobody should, and if $20 is production cost at $27 then sure the price ought to be less. It's just that silver could still be $27, and if all of a sudden all the primary silver mines were opened the production cost would suddenly change. But yes, you have swayed me. It's just that production cost can change all by itself for a number of reasons, and just because it makes the case a certain way today doesn't mean it will tomorrow. If the price were suddenly at $50, and it were profitable to open those primary silver mines then the production cost might be justified at $50. If the available scrap supply was no longer able to meet the shortfall in demand from mining, production cost would be much higher. Is it prudent to wait until there is a full blown shortage to raise the price, or would it be wiser to heed the trend and preemptively raise prices to curb demand? You know what I think <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1477012, member: 29012"]Nobody should, and if $20 is production cost at $27 then sure the price ought to be less. It's just that silver could still be $27, and if all of a sudden all the primary silver mines were opened the production cost would suddenly change. But yes, you have swayed me. It's just that production cost can change all by itself for a number of reasons, and just because it makes the case a certain way today doesn't mean it will tomorrow. If the price were suddenly at $50, and it were profitable to open those primary silver mines then the production cost might be justified at $50. If the available scrap supply was no longer able to meet the shortfall in demand from mining, production cost would be much higher. Is it prudent to wait until there is a full blown shortage to raise the price, or would it be wiser to heed the trend and preemptively raise prices to curb demand? You know what I think :)[/QUOTE]
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