Jesus Christ Yip, how can you believe that the easy silver has already been had? Have you examined and processed any of the info presented here? You could make an argument for silver not going below a certain price point but...sometimes it's better to be thought a fool than to open your mouth and remove all doubt.
lol, is that a jorc compliand estimate? How long will it take for production to come online? More than a decade? wow! silver production increased from 21,800 in 2009 to 22,200 in 2010? The silver price went from under 12 dollars to 30 in the same time period, you'd think they would've ramped up production more!
and I heard Sprott say that last years silver demand was about 300 million of ounces more than last years silver supply. Do the math, it can't last...with the increasing money coming into silver.
:lol: Its all fun man , when im working late at night or waiting for the american markets to open and want a bit of fun i can't help but poke the bear, your comments are ripe for the picking sometimes so i can't help myself, but im sorry BTW ill drop by and bring you a box of juicy apples that me and my buddies picked from the top of the tree, they are a bit nicer cause they get more sun and all ... ok ok ... sorry sorry :lol:
I for one don't believe oil is produced by a bunch of dead animals thousands of years ago! Come on man, we've been using oil for about 100 years no, at the rate we are burning oil in the last 100 years... how many dead animals can there be to provide 100 years of human oil-use. Oil and gas are just like iron, copper, gold, silver, diamond, etc... the product of Earth's geological process. However, I'm not saying we will never "run-out" of oil to use, if we pump more oil at faster rate than the Earth can re-produce, we will "run-out" (so to speak). I think this "fossil" fuel talk, is just a propaganda machine by oil cartels to create artificial view of scarecity.
Well to nit pick, gold, silver, iron and copper are not produced by earths processes at all. They are all produced in space within the core of stars when they explode via a supernova. Hydrogen is the weird one cause its present at the beginning (prior to any stars forming) so according to scientists hydrogen was formed at the core of the big bang, we have helium thats produced when hydrogen atoms are fused together. The other elements formed when the more reactive elements want to get to a solid stable state. It seems in the universe this state is iron (if im not mistaken). But all these elements are all formed in space before the planet is even formed, once all that dust comes together via gravity it just brings the already formed elements into the newly forming planet. The planet has nothing to do with the creation of those elements, though it may change its state or may fuse the atoms differently as carbon for example were it comes in many different forms diamonds, coal etc.
That does not sound like cheap silver to me. Mighty USA needed how many weeks just to plug one hole under water? And silver is still too cheap to mine in most silver mines in USA. Those mines are not under water and yet they do not produce. There will always be silver - but at what price?
Thats because processes haven't been worked out. It was a one off. Better technology, better processes, experience all contribute to making it cheaper. However if it REALLY didn't exist , it would be a different story. Im sure we are all now of the conclusion that there does exist a significant amount of silver under the surface of the earth
-1 It's not that hard to understand ... you just need a bit of commonsense - which i admit is in short supply around here :lol:
