[Jimbo]

Nice post but the "only" reason besides supply and demand is is because silver production is lower than the current demand. 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.

Jimbo


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.