Will silver at $30/oz kill film?

Discussion in 'Digital Cameras' started by RichA, Jan 9, 2011.

  1. RichA

    RichA Guest

    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.
    RichA, Jan 9, 2011
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  2. RichA

    Savageduck Guest

    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;
    < >

    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.
    Savageduck, Jan 9, 2011
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  3. RichA

    RichA Guest

    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.
    RichA, Jan 9, 2011
  4. RichA

    snapper Guest

    I thought film was already dead.
    snapper, Jan 9, 2011
  5. ... and off-topic in "digital" groups!

    David J Taylor, Jan 9, 2011
  6. RichA

    peter Guest

    Do you know the difference between platinum and palladium.
    Which one is the most widely used in converters.
    peter, Jan 18, 2011
  7. 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
    Doug McDonald, Jan 18, 2011
  8. RichA

    shiva das Guest

    Why yes, as of 12-31-2010:

    Platinum $ 1,731.00 / ounce
    Palladium $ 791.00 / ounce
    shiva das, Jan 19, 2011
  9. RichA

    Whisky-dave Guest

    Are those real ounces or troy ounces
    Whisky-dave, Jan 19, 2011
  10. RichA

    peter Guest

    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.
    peter, Jan 19, 2011
  11. RichA

    Savageduck Guest

    I believe it is only gold, silver, and gemstones which are quoted in Troy.
    Savageduck, Jan 19, 2011
  12. RichA

    clw Guest

    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.
    clw, Jan 19, 2011
  13. RichA

    peter Guest

    In my younger days I won a lot of bar bets that a pound of gold weighs
    more than a pound of feathers.
    peter, Jan 19, 2011
  14. RichA

    peter Guest

    er that should have been a pound of feathers weighs more than a pound of
    peter, Jan 19, 2011
  15. RichA

    Savageduck Guest

    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.
    Savageduck, Jan 19, 2011
  16. RichA

    Whisky-dave Guest

    Whisky-dave, Jan 20, 2011
  17. RichA

    Whisky-dave Guest

    Whisky-dave, Jan 20, 2011
  18. RichA

    peter Guest

    The sand for the ostrich would be very deep
    peter, Jan 20, 2011
  19. RichA

    peter Guest

    peter, Jan 20, 2011
  20. RichA

    John A. Guest

    John A., Jan 20, 2011
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