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<p>[QUOTE=&quot;fatima, post: 1315499, member: 22143&quot;]I think we are a very long way from such extreme mining operations.&nbsp; Relatively speaking, silver is a very cheap PM as compared to gold, platinum or even palladium.&nbsp; The economies of mining a $32/oz item are completely different than one that is worth $1700/oz.&nbsp; In addition there is a huge amount of above ground silver sitting in people&#039;s homes that will get turned in for melt value if the price is right.&nbsp; It will take a long time to exhaust that supply which will hold prices down.&nbsp; However I don&#039;t see this happening anytime soon because the physical demand simply isn&#039;t there.&nbsp;&nbsp; </p><p><br /></p><p>These wild swings in prices are coming from the paper market which isn&#039;t affected by production.&nbsp;&nbsp; This market would not be possible if it weren&#039;t for the lack of proper regulation.&nbsp;&nbsp; The point for the investor in silver is that until this is fixed, be very cautious.[/QUOTE]</p><p><br /></p>

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