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<p>[QUOTE=&quot;InfleXion, post: 1476206, member: 29012&quot;]You may find a portion of your questions responded to in an old post of mine here:</p><p><a href="http://www.cointalk.com/t192351-12/#post1277416" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t192351-12/#post1277416">http://www.cointalk.com/t192351-12/#post1277416</a>&nbsp;&nbsp; </p><p><br /></p><p>Additionally, silver is only coming out of the ground at 7 times greater quantity than gold according to current mining figures. That pales to the historical 17 to 1 ratio. Since the price of silver is higher than it has been for the most part in recent history I contend that it is in fact also decreasing in abundance below ground because of the decrease in this ratio which I attribute to epithermal deposition which is science, not my opinion. Basically due to the melting point of silver the vast majority of silver deposits were placed at the surface of the Earth&#039;s crust when the planet was formed. This trait is unique to silver, and will require more cost and deeper mining to sustain the same levels of output.&nbsp; </p><p><br /></p><p>As I have pointed out in other posts, the cost of production for silver is also underestimated because it is mined as a byproduct, and does not factor into the cost of the mines. If there were primary silver mines the cost of production would be calculated much higher. Since this would require a higher price in order for that to happen the cost of production should rise if the price does, all else being equal, and since the cost of production rising would also impact the overall price it could potentially create a virtuous cycle.[/QUOTE]</p><p><br /></p>

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