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<p>[QUOTE=&quot;InfleXion, post: 1782690, member: 29012&quot;]I am a big fan of the way you articulate things Jolumoga.</p><p><br /></p><p>I just want to add that I find triple digit silver questionable, because that implies dollar denominated pricing. If the bond market is not sustained and US debt becomes unserviceable thus causing a dollar crisis (remember treasuries ARE dollars, one of their many forms) then it could be possible that the price of gold and silver stops there.</p><p><br /></p><p>While it is unclear what may play out after that, I would generally agree that the buying power of gold and silver should approach the buying power equivalency of triple digit silver today and 5 digit gold today, but that the price of gold and silver may become extinct as Antal Fekete is anticipating since instead of measuring things in terms of dollars it may be necessitated to measure everything else in grains of gold and/or silver or have a gold and/or silver backed currency in which case the price of silver would simply be an ounce of silver. This is what historical monetary cycles have done which are well covered by Mike Maloney. I also find this a likely inevitability due to exchanges running out of metals faster than ever before, and if they have no metal they can&#039;t set the price. If they can&#039;t set the price then the physical market will do so, and in the face of fair value there would be no confidence in the dollar.</p><p><br /></p><p>I have heard of alternatives to silver for solar panels although to date they are sub-par, but with over 10,000 industrial applications silver&#039;s technological demand does not hinge upon solar. I would even go as far as to say that while the technological demand for silver is substantial, that this bull market is not even dependent on that. Investment demand is still very small comparative to intangible IOU assets, and if there is any crisis of confidence in the dollar that could explode, and could result in a virtuous cycle as the higher the price goes the more people who start looking to invest in it.</p><p><br /></p><p>The amount of silver demand as it currently stands is sufficient to exceed mining supply each year in the absence of these other potential factors. Were they to come into play the supply/demand picture would be quiet different, and there is no wiggle room as it is.[/QUOTE]</p><p><br /></p>

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