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<p>[QUOTE=&quot;jolumoga, post: 26749691, member: 41780&quot;]I just think the market is a bit more efficient than many assume. Here&#039;s another way to look at it - amateur hour here, so economists and logistics experts can chime in. You have people buying silver coins for well below melt, and even some shops are selling it below melt. You can argue this is due to a lack of refining capacity, but my thinking is if industry so desperately needs this silver, Wall Street would almost overnight create new Apmexes or facilities to buy up all of this silver below melt and refine it almost right away with new equipment. I mean, these people are supposedly willing to buy up American homes to turn Americans into renters by playing the long game, so something similar could be done with all of this below melt silver. One way or another this would reach an equilibrium. </p><p><br /></p><p>I don&#039;t want to sound negative here, because the market is looking bullish overall. With AI and the demands of industry, the days of cheap silver seem over. And actually, I wouldn&#039;t mind silver getting remonetized so we could eventually buy mansions with our Franklins. I&#039;m just skeptical of shortage talk after hearing it for so many years. Perhaps there is a shortage at this point, but maybe it&#039;s exaggerated a bit - or can get fixed with the current pace of melting. I think the main contention could simply be reduced to &quot;where is the silver price headed?&quot; based on assumptions about where the equilibrium will be reached with all of the data and moving parts out there. This is a dynamic system where we are almost all clueless. Anyway, I am rambling right now so apologies ahead of time for taking anyone&#039;s time.[/QUOTE]</p><p><br /></p>

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