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Gold/Mining/Energy : Silver prices
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To: TD who wrote (2246)10/17/1999 9:00:00 PM
From: goldsheet  Read Replies (1) of 8010
 
> The article ask but never answers: Why is silver so cheap?

2/3 of silver production is a by-product of other metals. Those miners are concerned with the economics of their primary metals (usually copper and gold) and will extract the silver, dump it on the market, and count the revenue as a credit to their primary metals. Silver is cheap because 2/3 of the producers don't really care about its price.
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