people say it will go to one thousand dollars an ounce or more but if it showed signs of going that high tech companies would likely switch to cheaper metals as alternatives and phasing silver out. it probably would not sky rocket for that reason alone.
i think so many people have silver that if it did go up to one thousand dollars an ounce it would cause economic inflation.
am i mistaken or did i miss something?
I definitely think that you are mistaken or you just heard some bullshit story from someone else. Silver will not rocket up in price like Bitcoin for example. It is a long term investment with very slowly rises in price as there is less and less on the market.