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<p>[QUOTE="medoraman, post: 1155671, member: 26302"]Great points, and I think you are seeing the replacement happening. The last 3 years, industrial use is declining and what is growing is investment "use". Problem is, industrial use is truly destroying the silver into mostly unclaimable form. Investment "use" is not use at all, but simply inventory being put aside for later sale back into the market. Silver used to be in a deficit or consumption versus production. Today, strip out "investment" and there is a worldwide surplus of silver from mining. The demand for physical silver is not industrial disappearance its investor fear. To me, once the general public is no longer fearful, or another "great" investment comes along, this investment "use" will come flooding back onto the market. I think from $50 to $20 will take 10 times less time than $20 to $50 will, (assuming it makes $50). I sure hope it does hit $50 or more, I am going next week to clear out a safe deposit box.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1155671, member: 26302"]Great points, and I think you are seeing the replacement happening. The last 3 years, industrial use is declining and what is growing is investment "use". Problem is, industrial use is truly destroying the silver into mostly unclaimable form. Investment "use" is not use at all, but simply inventory being put aside for later sale back into the market. Silver used to be in a deficit or consumption versus production. Today, strip out "investment" and there is a worldwide surplus of silver from mining. The demand for physical silver is not industrial disappearance its investor fear. To me, once the general public is no longer fearful, or another "great" investment comes along, this investment "use" will come flooding back onto the market. I think from $50 to $20 will take 10 times less time than $20 to $50 will, (assuming it makes $50). I sure hope it does hit $50 or more, I am going next week to clear out a safe deposit box. Chris[/QUOTE]
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