posted on
Jun 16, 2008 10:08AM
Quote: Ted Butler pointed out that silver has been disparaged because of its dual role as a monetary and industrial metal.
It is worthwhile to note that one of the reasons that the 1980's silver market crashed was that the stockpiles of various countries were released. They have now been consumed, and there is no 'stockpile' that can buffer/contain the metals price once the commercial demand finishes consuming the remaining raw stock that exists.
I fully expect that we will see this occur in the next year or two, and that as more people understand this we will see the price rise accordingly.