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<p>[QUOTE=&quot;rhoggman, post: 423749, member: 13987&quot;]While this statement is true, industrial demand has outpaced any decrease in demand caused by digital photography. Overall demand for industrial silver has never lost any ground because of this.</p><p>&nbsp;</p><p>Actually industrial demand has continued to rise even through the digital photography boom. </p><p>&nbsp;</p><p>One more point.... I think people need to realize that the investment demand for silver is very high. When people talk about a shortage they are speaking of the supply shortage of investment products. </p><p>&nbsp;</p><p>1, 10, &amp; 100 ounce bars/ rounds, are not considered industrial silver. They are investment products. So there is not a shortage of &quot;SILVER&quot;, there is a supply shortage of &quot;investment&quot; silver.</p><p>&nbsp;</p><p>You can buy it, but you will pay premiums. Also saying that the US mint is producing as many or more ASE proves nothing. The mint cannot meet the investment demand period. They have scaled back their distributers, and flat out quit selling because of a lack of planchets. They issued statements admitting this. They may have resumed minting since then I&#039;m not sure.</p><p>&nbsp;</p><p>Furthermore, certain locales and coinshops have more or less silver depending on local demand. My local dealer has had no silver rounds for over two months. He has ASE&#039;s but he is charging $19-$20 for them. He has been bone dry on 90% US junk silver too, but he has been able to replenish his inventory from time to time.</p><p>&nbsp;</p><p>So while silver is available it would seem that my story is a common one. All the new stuff is getting swiped up and sold at a huge premium, ASE&#039;s are selling for 6-10 bucks over spot, and while silver isn&#039;t scarce... it is being physically purchased enough for the market to be visably different than it was just 6 months ago.</p><p>&nbsp;</p><p>You can argue that coin shops hold onto inventory and therefore are reluctant to sell at new lows, but large PM dealers turn over inventroy quickly and are still not offereing reasonable prices.</p><p>&nbsp;</p><p>APMEX is charging $2 over spot for generic silver rounds. I remember when they sold almost right at spot price. ASE&#039;s are still SELLING IN THE $15-16 range.</p><p>&nbsp;</p><p>It is almost as if there are two silver markets. I think silver investors need to realize that their silver makes up a minute portion of the silver demand, and that is a spererate market in and of itself. I bet industrial users of silver are getting silver close to spot. I bet you they do not have supply problems[/QUOTE]</p><p><br /></p>

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