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Supply and Demand states that Silver must rise in the long term?
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<p>[QUOTE="900fine, post: 1391209, member: 6036"]<b><span style="color: #008000"></span></b></p><p><b><span style="color: #008000"></span></b><span style="color: #000000">Why would we have less silver on the planet ?</span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">We don't have less silver on the planet. We have the same number of silver atoms (or moles, or whatever) at all times. For all practical purposes, silver atoms are neither created nor destroyed - but they can be found in different forms.</span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">We have MORE refined metal, not less; as ore is refined, we have less ore and more metal. But we have the same amount of silver; it merely changes form (ore to pure metal to coin and jewelry back to pure etc...)</span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">Market price is <span style="color: #000000">not </span>determined by how much silver exists in the world, but rather by how much is actually on the market at any given time. Since <b>silver comes in many forms </b>(raw ore, pure, sterling flatware, jewelry, US 90%, world mix, big bars, small bars, etc), your price will vary depending on what form you want and how much of that form is available relative to demand for that form.</span>[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 1391209, member: 6036"][B][COLOR=#008000] [/COLOR][/B][COLOR=#000000]Why would we have less silver on the planet ? We don't have less silver on the planet. We have the same number of silver atoms (or moles, or whatever) at all times. For all practical purposes, silver atoms are neither created nor destroyed - but they can be found in different forms. We have MORE refined metal, not less; as ore is refined, we have less ore and more metal. But we have the same amount of silver; it merely changes form (ore to pure metal to coin and jewelry back to pure etc...) Market price is [COLOR=#000000]not [/COLOR]determined by how much silver exists in the world, but rather by how much is actually on the market at any given time. Since [B]silver comes in many forms [/B](raw ore, pure, sterling flatware, jewelry, US 90%, world mix, big bars, small bars, etc), your price will vary depending on what form you want and how much of that form is available relative to demand for that form.[/COLOR][/QUOTE]
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Supply and Demand states that Silver must rise in the long term?
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