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<p>[QUOTE=&quot;medoraman, post: 1481291, member: 26302&quot;]Not unfair sir. I am simply nervous, because of the long lead time to open production, what this new production will do to pricing. Remember all of this PM price action has occurred without miners being able to really react to them, due to governmental red tape in opening mines. What if this new production hits just when the world economy is improving? Will there still be enough demand of investors worried about their currency to soak up this new production? What if prices start steadily falling like they did in the 80&#039;s? Will this convince most of these new PM investors to divest of this declining asset, further weakening the price?</p><p><br /></p><p>Those are my worries about longer term, (5+ years) pricing. Yes, it could go up to $40 and up, but I also believe almost as likely that it could drop slowly down to $15 after these mines open up and the economy improves. As such, to me $28 silver is not screaming &quot;deal&quot; to me, but maybe about in the middle of two price possibilities I am seeing.</p><p><br /></p><p>Just an opinion of course. No one follow my advice.[/QUOTE]</p><p><br /></p>

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