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<p>[QUOTE=&quot;medoraman, post: 1574100, member: 26302&quot;]I would say that:</p><p><br /></p><p>1. Who said price wouldn&#039;t go up? When I started buying silver barbers had huge premiums, now they have none. Some day if silver goes up ASE&#039;s will have no premium either.</p><p><br /></p><p>2. I was there in the 80&#039;s/90&#039;s when masses of people were forced to sell the PM they had bought for enormous losses. You need to eat, and not everyone can wait forever for a market to get priced where they believe it should be.</p><p><br /></p><p>I still disagree with your thoughts how it MATTERS that part of the silver used to craft new coins and tea pots every year comes from old coins and tea pots. If you look at the silver institute data, you will easily see we mine mor each year than is destroyed through industry. Since that is the case, EVERY YEAR we produce more silver &quot;things&quot; for people to buy. These &quot;things&quot; CAN be melted and reused at a later date. I believe you are thinking &quot;recycled silver&quot; is a perishable commodity that eventually we will run out of. Its not, trust me. Heck, they are melting masses of modern US commemoratives nowadays since the PM value is higher than the numismatic value. So much for the argument that once its a coin the silver is lost forever. Heck, I know a dealer who sent all of his US, world, and world bullion coins to the smelter the day silver topped $10 an ounce. If silver tops $50 or $100 even more will be melted. </p><p><br /></p><p>Point is, to me, every year we have MORE potentially meltable silver above ground. The trick in pricing is determining whether demand will exceed this extra silver, raising prices, or fall short, causing prices to decline. IDK about you, but in the ounces of silver I calculate I own, I also include items like a silverware set and a tea service. If I ever wish to liquidate my silver holdings, they are going to the smelter along with the junk coins.</p><p><br /></p><p>Just my opinion. I doubt I will change your mind. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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