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<p>[QUOTE=&quot;medoraman, post: 1475825, member: 26302&quot;]True, they new sources are higher cost. However, I was also thinking about the consequences of not sending USD overseas and how that may tend to strengthen our currency.</p><p><br /></p><p>Also, the same methodologies and calculations that everyone was using for peak oil are the same types of calculations they use to silver &quot;running out&quot; right? All of those calculations always ignore the fact longer term higher prices will lead to more production, production innovations, etc.</p><p><br /></p><p>Frankly, at this time I am more bearish on PM than I was a week ago. I am still bullish on primary metals, though, and on stock market weakness have been increasing positions in copper and iron.[/QUOTE]</p><p><br /></p>

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