If you look at the history of silver you may be right. But is history really reapeating a third time? Maybe it is a consistent price increase this time. Not driven by speculation but by real demand. Silver is used by solar and new solar technology even needs more silver! China solar industry is fast growing and eating up all silver on the market. There are nearly no silvermines, not like goldmines. So even if the price doubles or tripples, there will be nearly no increase in production. Silver is mainly produced as a byproduct of lead, copper and zinc mines. Silver is a metal of the future technologies because it has the highest electrical conductivity of all metals. Silver can be recycled. But the most silver today is hard to recycle. Not like in old times by melting coins, forks and knifes. They are inside electronics that are not worth to recyle. The silver in produced solar cells will be out of the recyclechain for the next 20-30years. So maybe this is a real transformation from investment metal to idustry metal.