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<p>[QUOTE=&quot;InfleXion, post: 1309218, member: 29012&quot;]The question I would ask is what&#039;s changed since then from a fundamental standpoint? Debt has increased. Money supply has increased. Silver supply has decreased. Silver demand has increased. About the only reason I can think of for it not being as good of a bet now as it was then (aside from the obviously higher price) is that a lot of the short positions have been unwound recently, but the overall picture if anything is more bullish now than it was then. </p><p><br /></p><p>Ultimately my reason for liking silver so much aside from the supply/demand dynamics of the physical market is that the paper market dominates the price action, and there is a vested interest in keeping the price of metals down by those who use it as a means of supporting fiat currency, since they have an inverse relationship. If we were to go back to the gold standard the way it used to be, gold would need to triple to support the USD, and if we were to go back to the historic gold/silver ratio used silver would need to triple in relation to gold which amounts to a 9x fold increase if we were to go back to the way we used to do things. Sure we may never go back to that, but based on the comparison silver seems grossly undervalued, and my gut tells me when the paper market no longer dominates the price that the physical market will make a significant adjustment.[/QUOTE]</p><p><br /></p>

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