The real peak silver date

Topherclaus

Topherclaus

Active Member
I came across this study just now into silver production into the future:

"We evaluated the silver supply for the whole globe in a generalized way, and include simulations that cover both the short term and long time into the future, giving simulations covering the time-span of 500 years (18402340). To undertake this task for silver, we pulled into the picture the availability of fossil fuels and the size of the human population of the future. This was done by using a preliminary version of a global civilization model presently under development; The WORLD model (Sverdrup et al., 2013c). Previously authors have published some estimates of quantification of when a peak in silver production may occur, but none have ever done any integrated systems modelling on the issue. References of earlier work that we build on include Ragnarsdottir et al. (2011), and Sverdrup et al. (2013c) who gave the peak production year 2032, based on a simple analysis with the Hubbert's peak production model."

Seems like I should just bury the safes for now and forget about it.

http://www.sciencedirect.com/science/article/pii/S0921344913002747
 
"It is a fact beyond discussion that silver is a limited resource"
The rest of the world is too.
Value is relative to the rest of the world.
An identical on both sides of the equation.
Elimination.

The product choice on its own is irrelevant.
That is, which price you paid and which price you sold.
For silver, for fiat, for houses, horses and shoes.

The success determinator passes before you bury the safe.
 
Topherclaus said:
Seems like I should just bury the safes for now and forget about it.
Click to expand...

I wouldn't worry about it, people keep predicting the date we run out of oil and coal or the date when the population will become unsupportable etc. Usually only get reported on a slow news day because no one gives them any credence.
 
For what ever reason say silver became parity or even more dire it was worth $100 US can you image all the "junk and forgotten" sterling silver jewellery and sterling flatware in cupboards flooding the recycle market.
 
Ipv6Ready said:
For what ever reason say silver became parity or even more dire it was worth $100 US can you image all the "junk and forgotten" sterling silver jewellery and sterling flatware in cupboards flooding the recycle market.
Click to expand...

You're distracted from the big picture. The trillions of dollars of funds suffering in negative interest rate government bonds will tend to seek refuge. There's little precious metal (especially) silver to physically switch into.
 
Ipv6Ready said:
For what ever reason say silver became parity or even more dire it was worth $100 US can you image all the "junk and forgotten" sterling silver jewellery and sterling flatware in cupboards flooding the recycle market.
Click to expand...

I'd better mention that you assume a lack of attachment to family heirlooms or the investment value that becomes obvious with rising silver prices.
 
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