What would you do if silver went to $200 an ounce

[accumulator]

PAAAAARRRRTTTTYYYYYYY !!!!!

[Sapyx]

What would you do if silver went to $200 an ounce

It does depend entirely on how/why that circumstance occurred.

If it hits $200/oz because the price of silver suddenly soared sky-high, I'd probably cry a lot - at all the nice coins I could no longer afford anymore and at all the nice coins I couldn't afford being sold off to the scrap metal merchants instead of the coin dealers.

If it hits $200/oz because the economy has collapsed and the Australian dollar went into a hyperinflationary death spiral, I'd probably try to find out where those people lived, who have long predicted such a thing would happen but whom I'd always written off as tin-foil-hat-wearing whackjobs, and ask them if there was a vacancy for an analytical chemist in their secret fortress.

[serial]

If it hits $200/oz because the price of silver suddenly soared sky-high, I'd probably cry a lot - at all the nice coins I could no longer afford anymore and at all the nice coins I couldn't afford being sold off to the scrap metal merchants instead of the coin dealers.
this one

[robbiegal]

ha ha Sapx
I like your sense of humour there!

"If it hits $200/oz because the economy has collapsed and the Australian dollar went into a hyperinflationary death spiral, I'd probably try to find out where those people lived, who have long predicted such a thing would happen but whom I'd always written off as tin-foil-hat-wearing whackjobs, and ask them if there was a vacancy for an analytical chemist in their secret fortress."

[Basil]

On the serious side of things if the long predicted Middle East dramas really explode then Gold could easily hit US$2000+ which would drag Silver up to US$50+ which would make life interesting.

[Goldseeker]

Can't wait for bullion to sky rocket as I am holding around several ounces of gold and silver.

Roll on the revolution.

[ausjack]

Amen to that GS
VIVA LA Goldie, VIVA LA Goldie, VIVA LA Goldie :yahoo:

Goldie for el president :wavemulticolor:

I don't think anyone here has to worry about silver ever getting to $200 an Oz but then stranger things have happened :winkectra:

[serial]

silver is being consumed in record amounts. Note I use the term consumed as it is not being recovered and once used it is gone. a us cruise missile has 15kg of silver in it alone and once fired it is not coming back
Iphones, solar panels, gym clothes, medical sterilisation equipment, computers, deodorants, advance weaponry  the list goes on.
this was not the case 35 years ago, then it was used in day to day items eg coins, cutlery, cigar boxes, watches, tea sets etc  so it was in abundance and recoverable.
we are slowly getting though these old reserves and not creating new ones eg no current circulation coinage is silver, peoples household goods are not silver anymore who here has more than 5kg of silver in their house?
it is a finite resource that just hasn't had a shortage... yet. if there is suddenly a demand for it eg found to cure cancer then the price could very well get to $200 without the economy collapsing.