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<p>[QUOTE=&quot;Blaubart, post: 1542990, member: 37498&quot;]Sorry, I missed this one from a while back.</p><p><br /></p><p>If you get offended when you believe I&#039;m trying to put words in your mouth, why would you do it to me?</p><p><br /></p><p>To a very limited extent, that is what I&#039;m saying.&nbsp; What people are willing to pay for silver today is primarily what is driving the price of silver.&nbsp; But only because the current market since the market price is unnaturally high such that virtually anyone in the mining business can earn a profit.&nbsp; When it comes back down to a reasonable price, then the cost of production will have something to do with selling price in that those who can&#039;t extract it for a profit will stop.&nbsp; It could (however unlikely) continue downward until no producer could earn a profit and everyone would stop, but as long as there&#039;s still a demand for it, then the price will rise to where some producers can earn a profit.&nbsp; If those producers can&#039;t produce enough to keep up with demand, then the price will rise more.</p><p><br /></p><p>I did not say that overall the cost of production has nothing to do with selling price, only that it isn&#039;t the driving factor in today&#039;s prices.[/QUOTE]</p><p><br /></p>

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