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Supply and Demand states that Silver must rise in the long term?
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<p>[QUOTE="JCB1983, post: 1386700, member: 23885"]<b><span style="color: #008000">So many questions with silver bullion investing. So many headaches as well. Here are my questions. </span></b></p><p><b><span style="color: #008000"><br /></span></b></p><p><b><span style="color: #008000">1. If silver is consumed as an industrial commodity won't the value of silver increase as supply dwindles? (We have must less silver on this planet than 30 years ago?)</span></b></p><p><b><span style="color: #008000"><br /></span></b></p><p><b><span style="color: #008000">2. How does the price of silver correlate with oil prices? One might assume that the sheer amount of cost in drilling/mining silver would cause the price of silver to increase. How about the sheer amount of dollars that are taken out of circulation (held in foreign bank accounts) when the price of oil rises? How might this affect silver?</span></b></p><p><b><span style="color: #008000"><br /></span></b></p><p><b><span style="color: #008000">3. Is Silver a PM or an industrial commodity, or both?</span></b></p><p><b><span style="color: #008000"><br /></span></b></p><p><b><span style="color: #008000">4. Does Chinese Inflation have an effect on silver prices, or is this mainly with Gold?</span></b></p><p><b><span style="color: #008000"><br /></span></b></p><p><b><span style="color: #008000">5. What is meant by the statement: "gold is money, whereas silver is not?"</span></b></p><p><b><span style="color: #008000"><br /></span></b></p><p><b><span style="color: #008000">Thank You</span></b><b><span style="color: #008000"></span></b></p><p><b><span style="color: #008000"></span></b>[/QUOTE]</p><p><br /></p>
[QUOTE="JCB1983, post: 1386700, member: 23885"][B][COLOR=#008000]So many questions with silver bullion investing. So many headaches as well. Here are my questions. 1. If silver is consumed as an industrial commodity won't the value of silver increase as supply dwindles? (We have must less silver on this planet than 30 years ago?) 2. How does the price of silver correlate with oil prices? One might assume that the sheer amount of cost in drilling/mining silver would cause the price of silver to increase. How about the sheer amount of dollars that are taken out of circulation (held in foreign bank accounts) when the price of oil rises? How might this affect silver? 3. Is Silver a PM or an industrial commodity, or both? 4. Does Chinese Inflation have an effect on silver prices, or is this mainly with Gold? 5. What is meant by the statement: "gold is money, whereas silver is not?" Thank You[/COLOR][/B][B][COLOR=#008000] [/COLOR][/B][/QUOTE]
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Supply and Demand states that Silver must rise in the long term?
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