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<p>[QUOTE=&quot;medoraman, post: 1874307, member: 26302&quot;]Hmm, is that dated 2013 or 1973? Same arguments have been made for the past 40 years I am aware. Even if we hit a peak, you are assuming that demand will remain the same. &quot;Peak mining&quot; for lead was hit quite a long time ago, I think the last lead mine in the US just closed. I sure am not seeing lead going for $100 an ounce. This just shows how DEMAND is also important. What if they announce tomorrow a nano-carbon substance that outperforms silver in industrial use that can be made for $8 a pound? </p><p><br /></p><p>I buy silver for other reasons, not &quot;peak&quot; theorists who have been wrong so many times in my life I have lost count. Way too much stuff can change before, even if they are right, it will affect prices.</p><p><br /></p><p>Just my opinion.[/QUOTE]</p><p><br /></p>

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