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<p>[QUOTE="justafarmer, post: 766618, member: 3926"]Cost/Benefit needs to be factored into the equation. As silver rises in price - substitutes will be will be employed. Alternative energy is already on the fringe as far as cost effectiveness is concerned. $100.00 per ounce silver would require a large spike in oil prices for it to remain competitive in energy. A large spike in oil prices makes bio-fuels more economical and bio-fuels are a competitor to solar, wind and electrical alternative energies. Rare earth minerals are also vital to the alternative energy industry whose production is controled virtually 100% by China. Silver is a very complex market. It is a precious metal. It is an industrial metal. It is a monetary metal. It is a hedge metal. It is a political metal. It is the best alternative for many things. It is probably the most complicated market of all the commodities and it could be its price that keeps it from reaching its full potential.[/QUOTE]</p><p><br /></p>
[QUOTE="justafarmer, post: 766618, member: 3926"]Cost/Benefit needs to be factored into the equation. As silver rises in price - substitutes will be will be employed. Alternative energy is already on the fringe as far as cost effectiveness is concerned. $100.00 per ounce silver would require a large spike in oil prices for it to remain competitive in energy. A large spike in oil prices makes bio-fuels more economical and bio-fuels are a competitor to solar, wind and electrical alternative energies. Rare earth minerals are also vital to the alternative energy industry whose production is controled virtually 100% by China. Silver is a very complex market. It is a precious metal. It is an industrial metal. It is a monetary metal. It is a hedge metal. It is a political metal. It is the best alternative for many things. It is probably the most complicated market of all the commodities and it could be its price that keeps it from reaching its full potential.[/QUOTE]
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