Silver price increases will likely kill much of film industry

There are some predicting it could hit $200/oz before the end of 2011
due to a number of factors driving people and industries to it. At
$60/oz, most photo products would likely cease to be produced. This
is like what happened in 1979 when the two fat slobs from Texas tried
to corner the market and silver hit $47.00/oz.

 

Didn't you do this "The sky is falling!" act to death on r.p.d. &
r.p.d.slr-s just a few months ago, 1/08/2011, to be exact?
Are you trolling in r.p.e.35mm now?

It seems this piece of financial news is almost verbatim to your older bait.

" From: RichA <>
Newsgroups: rec.photo.digital.slr-systems,rec.photo.digital
Subject: Will silver at $30/oz kill film?
Date: Sat, 8 Jan 2011 18:57:32 -0800 (PST)

Likely not, I remember when silver (thanks to a couple fat brothers in
Texas) was $58 an oz in 1979, but the price now has got to mean film
prices are going to rise."

So, just rest your neck.

 

<yaaawn-wha-wot????>
Yeah, right! Hohum, another "impending doom" post on film's imminent
disappearance.
Adn this one goes all the way back to 79, before the peak of film use!

Must be hurting at the retail end of crap digital p&s sales, eh?
Haven't you idiotic lot yet realized the problem with the bottom
falling off your little racket is NOT the film users? And hasn't been
for over a decade?

<hrm-z-r-z-z-z-z>

 

People been predicting this for decades. Not just silver but oil,
food, you name it!

No, what will completely kill ANY industry is replacement. Not JUST
high prices.

 

Blah, blah, blah.

This price runup will be followed by the inevitable, disastrously
rapid crash. It's the classic fear and greed play in commodities.
This post suggests the crash will come even sooner than I thought - as
the crash approaches, the fear always gets pushed harder and harder by
sellers who are running out of people to sell to.

How much silver is even in that microscopically thin emulsion? I
doubt it's more than enough to have only a small influence in the
total manufacturing cost, which is itself only a small part of the
purchase price. Film users who react to this by buying up film are
just stupid.

 

I saw an old video for Kodak. It showed a train car, under guard,
having trollies of siver bars off-loaded.
But then film use was a bit more then than now.

 

You can look this stuff up (TM). These numbers are only for
purposes of entertainment and as always, no wagering.

Kodak gives an area of .619 square feet of film per 36-exposure
roll of 35mm film. They also give figures for amount of silver
per 1000 square feet. For example, Kodak Gold 400 has about
24 troy ounces per 1000 square feet of film; other consumer films
have less.

So that means that each roll of film has about 0.015 troy ounces
of silver in it. So at today's silver price of $36.00 per ounce,
that works out to 0.54 USD silver per roll. At a mythical
$200/ounce level, it would work out to 3 USD per roll.

Sources:
http://www.kodak.com/eknec/documents/f9/0900688a800f80f9/J210ENG.pdf
http://www.kitco.com/kitco-gold-index.html

This assumes the film buyer does not receive a credit for
silver recovered in processing. In reality, silver-based
photographic printing consumes more silver per shot than
is used for the base stock.

 

Each .54 increase in cost means about $1.62 cost increase at retail.
Lets hope silver doesn't go above $50/oz

 

You mean the 0.54 increase from $0.00/troy ounce? I don't think
"free silver" means what you appear to think it means.

 

That defines to perfection the rip-off that film retailers have
become.
And NO, there are no "hidden" costs!
Long live online film purchasing!