20 years ago this could have been the right conclusion. But not in these times. The Chinese themselves not including the other bric nations are picking up silver every chance they get. The other side of the coin scrap could not even keep up with the demand of the global community.
The Chinese alone out number Americans by at least 3 to 1. That being said how far back are many of the Cninese consumers on technology alone. The rest of the world is getting tired of being left in the dust to. We are positioned well right now to make a great deal of money. Will it be a short term deal? Maybe. But in no way is it possible to cover the shorts alone, never mind the world of technology.
If in fact countries start using more green technology the ammount of silver alone is astronomical. You have new solar panels, infrustructure, and plenty of silver that will never be reprocessed.
That stated silver should without a doubt hit mind boggling prices within the next few years. Will it last it will depend on new technology or other metals to make continuous growth. Then silver's only purpose will be for monetory gain. But I am not a tarot reader. Time is the only answer to that question.
