Will silver at $30/oz kill film?

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.

 

Aah! Good old Bunky Hunt and his brother Billy, trying to corner the
siver market, pushed the price from $11 to over $50 in 1979. Then they
took a reaming when the bottom dropped out to under $11 in 1980.

Now it seems you haven't even checked on the current silver price which
on Friday's NY close was $28.690 and trending down.
Do some research;
< http://66.38.218.33/charts/livesilver.html >

London shows a drop from $31.56 to $28.48 in January 2011, trending down.
The London High for 2010 was $30.70 in December up from a low of 15.14
in February, with an average for 2010 of $20.1928.
So I guess there was money to be made in the silver market last year.
That might not be as easy this year.

 

Maybe, unless increased demand for production in the East is actually
driving more of the increase and not speculation.
Copper and Palladium are at nearly 2x what they were a year ago, and
that is because of demand for production.
The Chinese are supposed to adopt European level 5 (?) car emission
standards which means millions more catalytic converters will be
needed = palladium.

 

I thought film was already dead.

 

... and off-topic in "digital" groups!

David

 

Do you know the difference between platinum and palladium.
Which one is the most widely used in converters.

 

You bet I know the difference! Which is, for that catalytic purpose,
such that in some combos one works best, in other combos, the other.

And ... just how much of each is one of the great proprietary secrets.

If you had inside info on that, you could make a big bundle if it changed.

Doug McDonald

 

Why yes, as of 12-31-2010:

Platinum $ 1,731.00 / ounce
Palladium $ 791.00 / ounce

 

Are those real ounces or troy ounces

 

I am well aware of that.

In snipping you deleted the context of my comment. It was directed at
Rich who once ignored the facts to make a statement.

 

I believe it is only gold, silver, and gemstones which are quoted in Troy.

 

The biggest krunch to photography today will be the decrease in rare
earth elements from China, not silver.
--




I think Congressmen should wear uniforms like NASCAR drivers so we could identify their corporate sponsors.

 

In my younger days I won a lot of bar bets that a pound of gold weighs
more than a pound of feathers.

 

er that should have been a pound of feathers weighs more than a pound of
gold.

 

Talking of feathers, I once in my travels had a voyage in a freighter,
which in its deck cargo, had a conex container loaded with 85 tons of
baled ostrich feathers. The speculation was that if the container ever
burst along with the bales, the ship would be totally enveloped with a
mountain of feathers.

 

The sand for the ostrich would be very deep