This won't happen because 70% of silver supply are by product from base metal mines which won't expand output just because silver is $50. In the end, only the primary mines can increase supply, and by the time they managed to open new mines after 5 years, it will only make up for the fall in production from existing mines. On the issue of supply driven by higher price, or is it low price that drives demand? With low prices at the moment, the latter appears to be true so lower prices actually supports demand and hence supply, which is a good thing for us stackers because we want to buy silver on the cheap for as long as possible. Fundamentals are relevant, but it won't take effect until all the silver stock above ground that are making up for the supply deficit have been expended. In the meantime, rumors move the market. In July, there was an article about Jp Morgan buying silver for the Chinese state on the cheap. This drove the price of silver from $15 to $19.
Did it drive the price, or co-incide with a price increase? Did they stop buying to bring the price back down to mid $16s? How do we tell that that drove prices?
I mean the bloke is wishing you good will and you're worried about his spelling...where's the Christ in that?
"Projecting"? Christmas is Christmas, Hanuka is Hanuka, New Year is New Year, Songkran is Songkran, Chinese New Year is Chinese New Year etc. Every holiday and celebration has to be respected as it is, for its own value. It's Christmas, not "X-mas".
Political correctness is ruining Christmas, an ancient, beautiful holiday about love and true tolerance.
Yes, you're right, it's Christmas. We use a lot of short forms with very bad English on local forums. Chinese New Year is also usually shortened to CNY here.
OK. Here we go: Xmas (also X-mas) is a common abbreviation of the word Christmas. It is sometimes pronounced /ˈɛksməs/, but Xmas, and variants such as Xtemass, originated as handwriting abbreviations for the typical pronunciation /ˈkrɪsməs/. The "X" comes from the Greek letter Chi, which is the first letter of the Greek word Christós (Χριστός), which became Christ in English.[1] The suffix -mas is from the Latin-derived Old English word for Mass.[2] There is a common misconception that the word Xmas stems from a secular attempt to remove the religious tradition from Christmas[3] by taking the "Christ" out of "Christmas", but its use dates back to the 16th century. Lots more fascinating history: https://en.wikipedia.org/wiki/Xmas p.s. and anyone interested might like to pursue the Winter Solstice, its timing and significance in ancient cultures, along with its use by the early Church to attach Christianity to a popular and most significant pagan festival.
Winter Solstice is a very important east asian festival. If it is celebrated by the church, it will be an interesting festival celebrated both in the east and west.
Only the fanatics take religion serious or as literal truth anyway, or those that lack critical reasoning skills. To many it's just tradition.
1) I wish I got popcorn for Christmas. 2) I mean... Xmas LOL. Nice one @STKR . I gave you 2 LIKES for that. _JOHNLGALT. We call that 'having 2 bob each way'. p.s. I hope you had a HAPPY CHRISTmas.
