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Old 11-16-2007, 02:17 AM
Zygote Zygote is offline
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Default Re: Are Any Non Mega Banks Safe Enough To Ignore 100K FDIC Limit?

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If the demand curve increases too much many more silver mines will open and silver will fall back to stable levels. I see no reason to hold silver over gold nor especially Zinc, nickel or oil.


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This isn't really entirely true for any of the above. Deposits are becoming rarer and the costs of mining are going up.

This was more true in the past. Less true today.

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btw, silver is a base element, although it may not be cost effective to recover it never disappears, but the same holds true of gold used in production of electronic components.


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Gold used in electronic components does not disappear. This can be refined and extracted. There is major industry around this.
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