miners have fallen sharply - supposedly $18/oz is the all-in avg
production price in 2014. T $16/oz, there is a good chance that silver
production will decline just as physical demand e.g. in India and the US is picking up, which could drive the silver
price back up to at least $18/oz. AG is one of the best and lowest-cost silver
producers, ad thus should get a leveraged benefit.