Message:

<p>[QUOTE=&quot;InfleXion, post: 1310241, member: 29012&quot;]I did mention price in my other post, but the reason I don&#039;t think it&#039;s relevant is because precious metals are the measure of value of currency. Originally paper dollars were priced in ounces of gold. If anything I would use metals pricing to determine sentiment on the dollar. Now if replacement cost increases have not risen as much as price increases, or if cost of production is lower in relation to the price per oz, then I would say yes, it&#039;s not as bullish in that regard now as it was then. I don&#039;t have that data, however due to epithermal deposition (silver deposits primarily existing at the surface of the Earth&#039;s crust due to the melting point of the metal while the planet was being formed, and thus mines having to go deeper to get less over time) the production cost of silver should only go up when measured in cost per oz mined / spot price per oz (until such time as the physical market determines the price). It may go down in dollars, but I don&#039;t see it going down faster than the price of the metal. As for gold, that&#039;s not as relevant since epithermal deposition is unique to silver.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in