Americas Silver Corp fka USAPF

[NYBob]

So how high will silver go?
To be honest, trying to nail down a specific target number
is tough to do.
In this case, I think it's best to simply look at what
could happen... and why.
That's where things get interesting.
In 1980, silver spiked to about $143 per ounce in today's
dollars -- roughly $110 dollars, or 393% higher,
than today's price.



But things were different then.
Back when silver peaked in 1980, it was primarily due to a
few investors snapping up as much silver as they could.
Thirty years later, the silver story has changed.
That's because silver is needed in just about every
electronic device modern society runs on -- from TVs
to computers to cameras to MP3 players to iPads... and
that's on top of millions of investors snapping up
silver as a hedge against uncertainty.
Meanwhile, silver consumption keeps climbing.
About 70% of the world's annual silver output is gobbled up
by industry.
This percentage is rising every year, and once that silver
is used, it's rarely recovered.
Since 1999, consumption in electronics has increased 120%.
And many new products contain such small amounts of silver
that they're not worth recapturing.
More than half of all silver in TVs and computers ends up
in landfills.
And it's not just U.S. consumers that need more silver.
Developing countries such as China and India are using it by
the truckload.
After all, it takes a lot of silver to
equip 2.5 billion people with cell phones.
That's why China's silver imports increased four-fold last year.
In fact, in 2005, the Chinese exported 100 million ounces
of silver.
But by 2010, they were importing 120 million ounces.
The basic problem is that we simply use more silver than
we mine.
Every day, the world takes roughly 1.75 million ounces
of silver from the earth.
But we consume more than 2 million ounces.
This kind of consumption is quickly drying up our
dwindling silver reserves.
In 1900, there were 12 billion ounces of above-ground silver
on the planet.
By 1990, we were down to 2.2 billion ounces.
Today, we're down to about a billion ounces.
That's a drop of 92%.
A vital material, prized by man since the time of the
Pharaohs, is literally disappearing before our eyes... used
up in industrial products.
It has taken 65 years to obliterate the silver inventory
that it took the world 5,000 years to accumulate.
It's a different story for gold though.
Since 1950, the amount of gold above ground has surged
from 1 billion to 7 billion ounces.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70069188
Merry Christmas
God Bless