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<p>[QUOTE=&quot;drboondoggle, post: 281304, member: 10341&quot;]With regards to recycling silver:</p><p>As of now it is not economically feasible to recycle a lot of the silver used in industry. As it has not been economical to do so for centuries, a large portion of the silver ever mined is now dispersed into the environment and can never realistically be reclaimed. This is in contrary to gold which has always been recycled and therefore almost all that was ever mined is still in easily obtainable form.</p><p>&nbsp;</p><p>Going forward, as readily available stocks of silver decrease, demand rises and price goes up, it will become economical (at some point) to recycle silver. The question is at what price does this occur. Indeed, there may be multiple prices depending on what kinds of reclamation processes are needed. In any event, that price is probably a lot higher than $15/oz. </p><p>&nbsp;</p><p>Not being a chemist or industrial engineer I have no idea what would be involved in reclaiming lost silver. It just seems that if no idea was hatched when silver was (non-inflation adjusted) $45/oz which corresponds to $120/oz, then it likely that silver will have to go to at LEAST those levels today before recycling becomes a &#039;concern&#039; for silver investors.</p><p>&nbsp;</p><p>The question is how much silver is in readily accessible &#039;hordes&#039; that will stream onto the market as the prices take off? If there are untold tons of the stuff then this should put a cap on the price. If, instead, private hordes are less than estimated, the sky is the limit.&nbsp; Wish I knew.[/QUOTE]</p><p><br /></p>

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