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<p>[QUOTE=&quot;fatima, post: 1272197, member: 22143&quot;]This is a faulty conclusion.&nbsp; Why not simple predatory speculation?&nbsp;&nbsp; We saw oil go to $150/barrel in 2008, yet currently it&#039;s $82.&nbsp; 10 years ago it was $23, so we have a delta of 552%, comparable to what you listed for silver.&nbsp; While oil was doing this we heard all kinds of claims of peak oil, the Saudis had run out, yada yada, also very similar to silver.&nbsp;&nbsp; Buying an oil future was just as risky as buying a silver future has been lately.&nbsp; As it turns out, there is no shortage of oil and all the gains/losses were paper related.&nbsp;&nbsp; </p><p><br /></p><p>(The oil futures market got knocked out when the politicians started to take political heat for the price of gasoline. They picked up the phone and started to threaten the right people and prices quickly dropped.)</p><p><br /></p><p>Sure speculators hit this metal, but this doesn&#039;t make it a monetary metal nor more than oil is.&nbsp; I will also say that it is withing the realm of possibility that speculators could drive the price of silver to $200, but this isn&#039;t the sort of thing that long buyers of the metal should be making decisions on.[/QUOTE]</p><p><br /></p>

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