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<p>[QUOTE=&quot;medoraman, post: 1246604, member: 26302&quot;]Good thoughts. I love silver, really I do. My main concern for long term pricing would be price. All metals have gone up considerably. Silver is mainly a byproduct metal, meaning most of it comes to us as a ancillary product of the mine. I have read many articles the last two years about new mines being explored and opened up. Any mine for gold, copper, nickel, will produce silver as well. Also, some old silver deposits are, at $40 an ounce, very worthwhile to exploit.</p><p><br /></p><p>I am just saying do not be surprised to see new sources coming online. Once online, incremental operating costs will allow them to produce even at $20 silver in the future. Ask any farmer what traditionally happens to prices of a crop from year to year. If onions are 5 times average price this year, take a guess what will happen to onion prices next year. Yes, mines are much longer to open, but $40 silver and $1700 gold will make a lot of known, lower grade sites viable. The longer prices stay this high, the more viable those known sites become, not even talking about new sites that a lot of money is being spent researching right now.</p><p><br /></p><p>I know Cloud and others are more pessimistic on this point, maybe I am just too much an optimist. Doesn&#039;t mean I am right though! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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