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overtheedge
Member since May 2012
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Who's Buying Silver Part 3: EO & Investment - Miguel Perez-Santalla - Bullion Vault

"At the same time if the price is low then there will be less mining because of profitability."

So just to make sure I understand, if the price of silver declines the miners will curtail the mining of lead, zinc and copper?
Perhaps you aren't familiar with just where most of the silver comes from.

Commented 4149 days ago

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Beginning of the headline :Final instalment in our expert's tour of silver investment & industrial demand... FOR ALL ITS monetary use, silver is by far an industrial metal today, writes Miguel Perez-Santalla at BullionVault. The industrial sector consumed close to 466 million ounces of silver in 2012. We already discussed photovoltaic silver consumption in Part 2 of this series, and how it remains a long way from filling the demand gap left by the collapse of pre-digital photography. So who does buy silver in bulk? ... Read More

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