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<p>[QUOTE=&quot;fatima, post: 1273473, member: 22143&quot;]We talked about this before.&nbsp; If the government is irresponsible with the expansion of the money supply and the economy falls apart, as this one has, then industrial demand and even consumption falls and hence commodity prices will very likely fall.&nbsp; You brought up oil.&nbsp; Even though the money supply has expanded a great deal, oil prices are way down from even the first of the year.&nbsp;&nbsp; How does this affect silver?&nbsp; I have no idea except that there is no industrial short supply of the stuff.&nbsp;&nbsp; Beyond this nobody can explain how it is affected by much else, just like oil.&nbsp;&nbsp; </p><p><br /></p><p>On the other hand, a monetary asset (not commodity) which I define as showing up on an asset sheet of a sovereign government or central bank as a backing for the currency.&nbsp; (Yes I know it isn&#039;t directly redeemable, but this is a different topic) does rise when the currency is being destroyed by that fact alone.&nbsp; Industrial demand is irrelevant.&nbsp;&nbsp; Many of the central banks of the world are doing what they can to acquire gold by the multiple tons and given that there is at most only ~165K tons in the world it should be very easy to see where this is headed.&nbsp;&nbsp; There is no equivalent with silver.[/QUOTE]</p><p><br /></p>

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