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<p>[QUOTE=&quot;jjack, post: 1386827, member: 33596&quot;]1. There still plenty of silver left in the ground (production of silver has kept pace with increase in demand). Also because silver is industrial metal there in lies silver&#039;s biggest problem, lets say things get worse and&nbsp; US defaults or faces depression like situation resulting in a global economic slow down. Suppliers will cut off their orders and start selling off their stockpiles, we could easily see a scenario were Silver prices be stagnating while Gold could be soaring due to currency devaluation.</p><p><br /></p><p>2. Silver is mined along with other base metals currently costs about $6-8 dollars to mine it. Yes oil prices will increase mining costs but i don&#039;t think the correlation is 1:1 since large portion of the $$ also goes to heavy equipment, taxes and labor.</p><p><br /></p><p>3. Hard to say it really depends on which segment is impacting Silvers&#039; price point, as of right know it is PM because it raising as a result of being cheaper investment alt to gold. </p><p><br /></p><p>4. Not sure what Chinese inflation has to do with Silver prices?</p><p><br /></p><p>5. I guess they mean historically gold coins were used as currency not silver.[/QUOTE]</p><p><br /></p>

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