Peak Silver Revisited

[Serpo]

http://news.silverseek.com/SilverSeek/1318263505.php

Lot of stuff here......good luck

[Large Sarge]

I disagree on the peak oil stuff..

but I agree with peak silver.

[mamboni]

http://news.silverseek.com/SilverSeek/1318263505.php

Lot of stuff here......good luck

Fantastic article - I really enjoyed it! Thanks for posting.

The declining EROI is alarming and suggests that oil and gas have to climb in price over the long haul, economic depression or not. On silver, if not for rising silver production in south and central America and China, world silver production would have peaked a decade ago. Declining EROI combined with inevitable declining silver ore grades will force silver price higher and higher. I expect that we are at peak silver presently. By 2015, the decline in world silver production will become an obvious reality. Declining EROI means a declining standard of living for the world. Silver price rise will be the inverse of this decline and thus silver as investment represents an excellent proxy for a general hedge against cost of living increases and declining quality of life. I expect that the silver coins we find commonplace today will be mighty precious indeed in 20-30 years.