Silver's swan song

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The re-monetisation of silver if inevitable with the debasement of paper currencies may be for a shorter period than we think. Industrial depletion and limited supply in proven reserves - new discoveries and existing inventory - will see to that.

So how long has silver got? How long before it goes from being the industrial super metal to take on the additional role of money, until supply is eventually swamped by industrial demand and it finally becomes a collectible like precious stones.

In all roles: industrial, money and collectible, it will become much more valuable in the coming years. But in which role will its star shine brightest. Above ground supplies of gold are far greater, its recent pedigree as money more established, and trace amounts of gold don't render fascinating industrial applications as they do for silver.

Silver is like having biscuits as money where people nibble on the biscuits.

Can silver prevail as the half-sister of gold or the cousin of platinum or palladium? At a certain critical point in inventory depletion, silver will stop being viable as money and will start to behave more and more like the latter: a precious metal commodity.

My guess is that silver's reinstatement as money will last at most 30 years before it's swamped by industrial demand at any price.
 
placeholder said:
My guess is that silver's reinstatement as money will last at most 30 years before it's swamped by industrial demand at any price.
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Thank God for that then - I thought you were going to say 30 DAYS lol!
 
So silver becomes extremely valuable - no matter what scenario plays out...

some swan song! :lol:

(except for those who dont have it!)
 
Thanks for responses - some quite derisory of my research or lack thereof. However, without spouting out a babble of statistics like a mind-boggled quant on a cable business news network, its clear to me if not to others, that silver won't always be money if silver depletion reaches a critical point.

This tension between silver as money and silver as a super metal will be interesting to watch play out in the coming years.
 
If we took note of all the so called experts in 2007/8, there would have been no GFC.. Placeholder, you are entitled to your opinion, and I am glad that you put it up here as in my opinion it has much chance as being right in the long run as those that go by the self proclaimed experts.

As much as I admire Gerald Celente. He didn't practice what he preached and paid the price by not stacking physical.

I would love to be a bookmaker here on SS betting on the monthly price of silver. I don't think I would make any money but I would find out who would be game to put their money where their mouth is.

Stellar Concepts warned us here once that silver was about to drop, but did we listen, no we didn't , but we will next time. In his latest video, he says there is a good chance that silver may drop below $25..Now that will test a lot of us on SS, including myself..

Will this be the time for the big movers and shakers to buy in at a low price before silver shoots up again.

We are all little fish in a big pond and that main thing for all us little fish is to make sure that the big fish don't gobble us up before we become teenage fish.

Regards Errol 43
 
errol43 said:
As much as I admire Gerald Celente. He didn't practice what he preached and paid the price by not stacking physical.
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I don't think this is entirely fair.

If 90% of his money is in PM's (for example), and his vehicle for purchasing PM's was via taking delivery of futures (draining the pool so to speak), I'd say he was practicing what he preached.

The only irony is that he seems that he knew he was taking a risk, but seems taken back when the risk played out :)
 
placeholder said:
...its clear to me if not to others, that silver won't always be money if silver depletion reaches a critical point.

This tension between silver as money and silver as a super metal will be interesting to watch play out in the coming years.
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I think this will play out differently than you're suggesting. Advances in Materials Science and mining technology will likely create substitutes for, and increase supplies of, silver. As countries/corporations begin to mine the vast ocean floors, Arctic and Antarctic regions, it will become clear that nearing a critical point of silver depletion is something that won't happen for a long, long time....

http://www.miningaustralia.com.au/news/mining-in-the-arctic-on-thin-ice
 
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