I used to think like this. I was around for the Hunt Brothers attempted corner of the silver market, and I'm a former Chicago trader (CBOT, CME). This silver obsession has been around a very long time. I fell for it myself while I was in college (late 80's). I recall silver being around $8.50/oz and I bought lots of it. In fact I hold some now. But these promises of undervalued silver have never materialized in the 30 or so years that I've been aware of it. The only reason silver hit $50 in the 1979-80 market was the Hunt Corner. That should tell you something. The fundy's always SEEM to look good for silver, but PRICE is the reality. Markets are somewhat efficient, and silver at this price, is at this price for a reason. I DO think silver prices could rise as a result of fear of US Dollar or other currency collapses, but not due to some mis-pricing in the current market. And if you look at the current commodity futures markets, you'll see that many many commodities are in bear markets. What seems to be happening right now is that the inflation is in some cases exported. We see extreme overheating in HK, Singapore, China, and Canada real estate. But we also see Corn, Wheat, Soybeans, Sugar, etc. absolutely CRUSHED in the US. Likely we are in deflation, similar to what Japan experienced in the 90's. That will end, I think, by inflation in the US Dollar. But I believe the wealth that attempts to flee that inflation will go mostly to cryptocurrencies. Because its not enough to simply hold the asset (Gold, Silver, etc)..you have to be able to LEAVE with it. Try getting on a plane to your Singapore precious metals vault with Gold or Silver...it won't happen. You'll be arrested, and the metals will be confiscated. LOL anyway, that's how I see this likely to go down:-)