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<p>[QUOTE=&quot;Rono, post: 1078945, member: 6492&quot;]Howdy,</p><p>&nbsp;</p><p>Silver, just like most other natural resources, is facing a &#039;peak oil&#039; situation.&nbsp; By this, I mean that the new discoveries will be fewer, smaller, and more expensive to develop.&nbsp; This goes for oil, silver, gold, iron, etc.&nbsp; To appease everyone, let&#039;s agree that the supply of silver is relatively fixed.&nbsp;&nbsp; How about demand?&nbsp; For silver (and all the other natural resources)?&nbsp; Population growing.&nbsp;&nbsp; Chindia developing.&nbsp; New uses being discovered.&nbsp; Starting to be considered as the Poor Man&#039;s Gold.&nbsp;&nbsp; Whelp.&nbsp; I thin we have to conclude that demand for silver is growing.&nbsp; &nbsp; So, fixed supply and growing demand means the price of silver will be increasing in absolute terms.&nbsp; And then there are those that feel that with the gov&#039;t debasing the currency, silver will rise in nominal terms.</p><p>&nbsp;</p><p>It&#039;s going to keep going up in price.&nbsp; Where to?&nbsp;&nbsp; I have know idea.&nbsp; And if it drops to $5, I&#039;m good with my silver holding.&nbsp; I&#039;ll just buy more.&nbsp; Start a set of morgans, what.&nbsp;&nbsp; I&#039;m labeling it Accumulate.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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