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<p>[QUOTE="InfleXion, post: 1246595, member: 29012"]Just read an article that pertains to this thread, basically saying what many already know, that silver's industrial and monetary qualities are counterbalancing each other and holding the price steady. Ironically the usually most volatile metal has been more stable than anything else as of late. </p><p><br /></p><p><a href="http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=133552&sn=Detail&pid=102055" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=133552&sn=Detail&pid=102055" rel="nofollow">http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=133552&sn=Detail&pid=102055</a> </p><p><br /></p><p>I am also of the impression that there is very little scrap left out there compared to traditional stockpiles since so much has been used up in the last 50 years, and especially the last 10; silver that had been accumulated over the course of human history that was used up in a fraction of that time leaving the scrap supply the thinnest it has been in over 700 years. While it's true that investment silver may be the resting place for a lot of that scrap and is not accounted for as such, barring discovery of a new major deposit I do not think we will see the market flooded with physical silver. Even then it takes time to get a mining operation under way. If the price does rise substantially it will probably become available gradually since price targets vary from person to person, as opposed to becoming available all at once so I don't think the bull market will care much.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1246595, member: 29012"]Just read an article that pertains to this thread, basically saying what many already know, that silver's industrial and monetary qualities are counterbalancing each other and holding the price steady. Ironically the usually most volatile metal has been more stable than anything else as of late. [url]http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=133552&sn=Detail&pid=102055[/url] I am also of the impression that there is very little scrap left out there compared to traditional stockpiles since so much has been used up in the last 50 years, and especially the last 10; silver that had been accumulated over the course of human history that was used up in a fraction of that time leaving the scrap supply the thinnest it has been in over 700 years. While it's true that investment silver may be the resting place for a lot of that scrap and is not accounted for as such, barring discovery of a new major deposit I do not think we will see the market flooded with physical silver. Even then it takes time to get a mining operation under way. If the price does rise substantially it will probably become available gradually since price targets vary from person to person, as opposed to becoming available all at once so I don't think the bull market will care much.[/QUOTE]
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Why isn't silver going up.
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