Message:

<p>[QUOTE=&quot;mikem2000, post: 1476345, member: 30574&quot;]Wowee, </p><p><br /></p><p>You are really starting to flail here. If mining supply is not meeting demand, why is silver going down?</p><p><br /></p><p>Silver is going down because supply is GREATER than demand. </p><p><br /></p><p>Also, no one is twisting your words. Epithermal deposition is science, but you presented it as a fact to back up your claim that there is a shortage to the underground supply of silver. What epithermal deposition is, is a PROCESS on how silver deposits are formed. Absolutely no conclusion can be determined on the shortage or lack of shortage of silver based on the fact that silver is deposited by epithermal deposition.</p><p><br /></p><p>In addition, in another post you used the ratio of Gold mined vs. Silver mined, to back up your claim of an underground shortage. The two metals are different and demand is driven by different criteria. The ratio has nothing at all to do with the price of tea in China.</p><p><br /></p><p>For the next point, you totally dismissed both my numbers and Chris&#039;s numbers for the total cost of mining. As Chris pointed out we were talking about pure silver mines and not bi products as you claimed we were speaking of. These numbers you dismissed are facts, and you can look them up, yet you claimed the real cost is most higher, but did not provide a number, and again, no facts to back it up.</p><p><br /></p><p>And lastly, do not drink the kool-aid about SLV as an investment vehicle. The only reason people are hurting themselves by investing in SLV, is the simple fact that silver has been going down recently. On the other hand, people who are shorting SLV, buying Puts or selling Calls are doing quite well.</p><p><br /></p><p>In conclusion, I just have one honest question for you. Do you really think your logic on silver being Grossly undervalued is based on any real facts at all, or you are just hoping for the best because you like stacking silver so much?</p><p><br /></p><p><br /></p><p>Fair question, and something to think about.</p><p><br /></p><p><br /></p><p><br /></p><p>.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in