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?
It is possible in the future, silver is being used by so many company to become raw material, and every precious metal will eventually become more and more expensive because the amount will keep on decreasing and something cant simply being replaced, some the company choose silver become raw material because silver got more advantage than other metal, replacing silver will need another research