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<p>[QUOTE="medoraman, post: 992416, member: 26302"]Silver is not gold, and copper is not silver, and aluminum is not copper, and steel is not aluminum, yet every single one of these displacements have occurred due to economic pricing. From $5 to $20 may not be enough of a shock, but I will guarantee you users of silver are right now looking at alternatives. In my previous firm we did just that with metals all of the time.</p><p><br /></p><p>Before you mentioned that a small price difference will not make a change in industry. Well where I am currently we make changes monthly based upon a .002 cents a pound price difference in our finished product. Many industries are penny industries, and will change formulas if they can for much less than a penny a pound savings. When you make 400,000,000 pounds of product a year you cannot afford to not make that change. I know I said, "if they can". Some cannot change, but enough can that demand will go down over time at certain price points.</p><p><br /></p><p>Like I have said, I love silver, always have, its just economic reality is that there never is a set demand at an unlimited price. Every user will have a price at which they HAVE to switch, except investors.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 992416, member: 26302"]Silver is not gold, and copper is not silver, and aluminum is not copper, and steel is not aluminum, yet every single one of these displacements have occurred due to economic pricing. From $5 to $20 may not be enough of a shock, but I will guarantee you users of silver are right now looking at alternatives. In my previous firm we did just that with metals all of the time. Before you mentioned that a small price difference will not make a change in industry. Well where I am currently we make changes monthly based upon a .002 cents a pound price difference in our finished product. Many industries are penny industries, and will change formulas if they can for much less than a penny a pound savings. When you make 400,000,000 pounds of product a year you cannot afford to not make that change. I know I said, "if they can". Some cannot change, but enough can that demand will go down over time at certain price points. Like I have said, I love silver, always have, its just economic reality is that there never is a set demand at an unlimited price. Every user will have a price at which they HAVE to switch, except investors.[/QUOTE]
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