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Comment: Since we're throwing out

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In reply to comment: costs to mine and (see in situ)

Since we're throwing out

Since we're throwing out numbers, it could easily go to $5000 as well...esp. when the US Geological Society is calling for silver to become the first element to go extinct by 2020.

Silver comes out of the ground at a 1 to 9 ratio to gold. If it weren't for the Fed and the banking cartels massively selling these paper derivatives into the market and DISTORTING the price, silver would already be into the hundreds or higher. With the antibacterial, conductivity, and multitude of uses for silver, it will eventually prove to be the greatest buying opportunity of all time.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul