I have been meaning to write a magazine article on Peak Silver but the research for it was doing my head in, but no matter seems Ryan Jordan has beaten me to it.....
The idea of peak everything has made a comeback over the last ten years, and it may not be a coincidence that this discussion has paralleled the rising prices of many commodities since 2000. However, thinking about resource scarcity is nothing new. Many alive in the 1970s will remember the book Limits to Growth, which is still debated decades after its initial publication. Whether or not you agree with all aspects of that book’s arguments, you would have to concede that ever-increasing growth rates eventually lead to exponential (and therefore unsustainable) demand. Also, to say that something has “peaked” does not mean that we are going to run out of a certain resource. In many cases it simply means that the growth rate in resource production cannot keep up with population or economic growth......read in full
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