ton and ounce shouldn't even exist be used. A ton should be called a megagram. But what the hell... some people wanted to use the tonal system for bitcoin.

I don't have much time to buy silver now, so the price may go deeper. But if there is some demand for silver in the future, its price will reflect that demand. All in all, there is still quite much silver aboveground. I recently estimated that 400kg of silverware is required to furnish my castle, to reach even half of the silver/sqm ratio of what I have in my current premises.

What makes you think your comment was worth writing and posting to everyone?

Physical silver net investment demand per annum is about 50M oz (0.9B USD). This is way less than what was invested into Bitcoin in 2013 (2.5M USD) and way way less than what is expected to be invested this year (~30B USD).

A large percentage of those who invest in bitcoin are people who have been interested in monetary systems for a long time. They often hold gold and especially silver. Many sell their silver holdings to buy more BTC (including me and the owner of the thread). This reduces net investment demand.

Nobody is interested in investing in silver now. Especially no new breed is coming. The only ones that could be investing in silver are those who have made a killing with bitcoin and are looking for ways to diversify some of the gains. Silver could be a way to do it. I am in the position to do it. I am too busy to do it. Therefore people in my position are not doing it. Therefore no one is doing it. Therefore the price has more room to drop despite the fact that bitcoiners could buy many times the yearly net investment demand. As long as they choose not to do it, there is no hope for silver.

If one knows when it is applicable to look at one's own behavior and deduce general truths from it, one is quite a smart guy.

Your behavior is not fitting for a moderator.

Pretty shocked this comment came rom a moderator.

Falls under "syllogistic logical fallacy" based on Risto's syntax.

http://www.zerohedge.com/news/2014-01-09/things-make-you-go-hmmm-feds-logical-fallacies

As a silver dealer, what is the difficulty in doing so for you? How do you mean, "too busy"? Bitcoin to fiat to Ag conversion friction? Or finding supply?

And you know that for certain do you?

Quoting with the hopes of this coming true.