Without a doubt Bikemaster you will not see a decrease in price for silver as in the past. The fact is still a lot less silver in the world then needed. Yes the Hunt brothers made a killing back in 1980, but that was when the U.S. was the dominant currency. With many BRIC nations doing all they can to buy up all the silver possible it only has one way to go.
The second fact is that as they accumulate it currencies will change to match or exceed the dollar and will have to be used for monetary momentum in other currencies. The Chinese are now letting the people to buy it after 50 years. We have more uses for silver than any other metal at this point. What do you own or buy that doesn't have silver content. Solar, medical, electronic gadgets, and so on will continue the climb for silver.
You must remember we are not the only nation that is in need or looking for silver. Also the U.S. mint couldn't even make the silver eagles that were to be made in March of this year because they didn't have enough to make them. Ampex is offering 3 dollar premiums to buy them back for customers. That is unheard of. And the biggest reason is that a lot of banks are not showing the true ammount of silver they claim to have.
Unless you think the dollar is going to turn into a dollar again hard commodities will continur to rise. Even some countries are hoarding all they have to stay on top of current inflationary problems. I seriosly don't and can't believe you will ever see the price of silver even be exposed to 25.00 never mind even 30 dollars. By all rights it still has not even made it back to the true ratio between G&S. And with saying that watch it surpass older figures and bombard the 16 to 1 ratio.
