OPHIR
That is exactly my point. Silver is a genuine commodity and is used in industry. That's why it will never get much higher than about 40USD. If it goes much higher it will make products too costly. Thats why industry doesnt use gold which is just as userful but too expensive. With technology going the way it is someone will come up with a new material that will replace Silver so they can keep costs down.
It is a commodity and tied to profits of industry.
GOLD is pretty much a currency and is used as such in many countries. In the West it is just used as a wealth preserve.
Only about 12% of all gold is used in industry.
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