RE: Why the potential for the Silver Price might be Limitless..!!

You are viewing a single comment's thread from:

Why the potential for the Silver Price might be Limitless..!!

in money •  8 years ago 

Everything can be substituted... if there is enough of an incentive. Silver will never be anywhere close to 100,000 an ounce. If you ever see $100 consider yourself lucky

money
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2 votes
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago (edited)

    Well I guess we'll see won't we? :) I don't disagree with you that eventually it will be replaced but at this current point in time(and the foreseeable future) that just can't happen with how many uses silver actually has with different industries and no substitutes have really been found except multi-layer graphene and even then that's a big "maybe". So to me the price only has one way to go with all that demand stacked against it. Maybe not 100k oz but definitely way more then $100oz.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00