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<p>[QUOTE=&quot;WillieSutton, post: 72588, member: 3835&quot;]Cloud, and others, make some great points.&nbsp; But keep in mind the silver melted down was formed into 1,000 ounce bars, so that silver itself was not destroyed with the big melt, only converted.&nbsp; In the big melt, perhaps the better case could be made for numismatic coins being reduced in unknown numbers making the ones that remain more valuable.&nbsp; Believe the overall supply has been reduced more by photography, cell phone, computer, etc., and other, industrial uses.&nbsp; The cost to recover the small amount of silver in a cell phone, for example, would likely be much more than the recovery value.&nbsp; Don&#039;t believe any other metal is as conductive as silver, so that usage is not likely to be replaced easily.</p><p><br /></p><p>The fundamentals of supply and demand in silver have been favorable for many years. Some say the market is being manipulated.&nbsp; My own theory is that it has not been manipulated as much as the exchanges have let the big brokers/banks play the commercial speculators like a drum, by letting the brokers/banks short huge amounts without having the physical to back up the short selling, and then roll over contracts or settle in cash.&nbsp; When the shorts cover the price spikes up, the big brokers/banks short heavily again, and the process is repeated.&nbsp; Allowed market action by the current rules, or manipulation?&nbsp;&nbsp; This whole silver price thing remains a mystery.&nbsp; Some think it&nbsp; &nbsp;&nbsp; could not continue if a large buyer would simply demand physical delivery.&nbsp; Much has been spoken and written about it that can be searched on the net.</p><p><br /></p><p>Another way of looking at it is every ounce of silver found in circulation reduces your cost of purchased silver some amount, however small.</p><p><br /></p><p>One more point is it is thought that at higher and higher silver prices, there will be more and more counterfeiting of bars, as has been detected in the past.&nbsp; Much less likely with coins.</p><p><br /></p><p>Willie (The Ghost of)[/QUOTE]</p><p><br /></p>

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