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<p>[QUOTE=&quot;lonegunlawyer, post: 1546137, member: 40282&quot;]Silver at $80/oz.&nbsp; It is a possibility if yearly demand continues to outstrip production.</p><p><br /></p><p>From 2002 through 2009, the yearly demand did not increase/decrease significantly from year to year.&nbsp; However, in 2010 the yearly demand rose 15%.&nbsp; In 2011 total demand was 12% higher than 2009.</p><p><br /></p><p>The rise of silver prices over the past couple of years was simply cause by slightly decreased production, and increased industrial and investment demand.</p><p><br /></p><p>Based on the foregoing silver may hit $80/oz. but it will take time.&nbsp; I think the major jump occurred.&nbsp; However, if silver becomes highly sought after in China, India, and the Middle East, then silver could see another quick rise.</p><p><br /></p><p>My singular humble opinion which I am sure may be read, but not considered seriously.[/QUOTE]</p><p><br /></p>

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