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<p>[QUOTE=&quot;Cloudsweeper99, post: 646795, member: 3011&quot;]As of Friday, I believe September silver futures were $13.875 compared to a spot price of $13.87.&nbsp; I don&#039;t know where the $11 comes from.</p><p><br /></p><p>But silver has been in a volitile uptrend for several years.&nbsp; Even with prices in the mid-teens, most silver mines seem to be running at or close to a loss, so over the longer term either the price will have to rise or the world will have to do without silver.&nbsp; It is also interesting that there are only about 1billion ounces of silver estimated to be above ground in the world.&nbsp; There are about 2billion ounces of gold.&nbsp; Normally, the commodity that is more scarce has a higher price.&nbsp; It&#039;s something to think about.[/QUOTE]</p><p><br /></p>

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