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Re: Is A Physical Silver Shortage Spike Imminent?

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 12 Dec 11 6:30 PM | 55 view(s)
Boardmark this board | De's Test Board 		Msg. 36981 of 45651
(This msg. is a reply to 36979 by Decomposed)
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I agree on silver being a by product. When i worked at the gold mine , our salaries were paid from silver, Gold was all theirs.




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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The above is a reply to the following message:
Re: Is A Physical Silver Shortage Spike Imminent?
By: Decomposed in ROUND
Mon, 12 Dec 11 5:15 PM 		Msg. 36979 of 45651

I've never believed that there is a true shortage of silver. It seems to be a common metal, generally obtained as a byproduct of mining for every other metal. For that reason, silver has been cheap and virtually no one was mining for it in particular just a few years ago.

Now, however, the price is elevated and quite a few silver mines have opened. I don't think the above-ground shortage is likely to persist.

But (LOL!) I've (theoretically at least, so far as you guys know) got some silver! If its price spikes from here, I won't be complaining!

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