What's The Deal With Platinum?

Things like this are very hard to predict and pin down to a specific time period. It is often the case that those who make such predictions are too early, which costs them some credibility in the minds of some people. They see the problem but cannot accurately estimate the time range in which it will become obvious to those who do not see the problem at all. But, as our friend BiggFredd like to say, "It is better to be a year early than a day late".



Exactly right, Chris. Mining tends to be a large scale project these days. Locating a potentially profitable site for a new mine takes time. So does getting the mine up and running. From what I have read, it takes about 6-7 years to get a new mine into commercial production. If they do not start before there is a serious disconnect between the supply and the demand, it could be more like 8-10 years before any new production comes on line to meet the demand. Every step of the way along this road will see higher prices as more money bids on the same or fewer amounts of available silver. I agree with those who think that silver has a very bright future, in spite of the fact that demand will very soon outstrip (production + recycle).

Yep. But, as we all know, anything that happens slowly enough can be and is pretty much ignored.