Photo Forum / Film Photography / Darkroom / March 2006
Price of silver
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UC - 09 Mar 2006 21:55 GMT Why is silver going up?
The photographic demand for silver has to be going down.
UC - 09 Mar 2006 21:58 GMT > Why is silver going up? > > The photographic demand for silver has to be going down. http://www.silverinstitute.org/price/priceuk.php#2003
UC - 09 Mar 2006 22:03 GMT > > Why is silver going up? > > > > The photographic demand for silver has to be going down. > > http://www.silverinstitute.org/price/priceuk.php#2003 http://www.nma.org/enumerate/silver/silver.htm
UC - 09 Mar 2006 22:13 GMT > Why is silver going up? > > The photographic demand for silver has to be going down. http://nhnh.essortment.com/silverwhatpric_rgle.htm
David Nebenzahl - 09 Mar 2006 23:15 GMT UC spake thus:
>>Why is silver going up? >> >>The photographic demand for silver has to be going down. > > http://nhnh.essortment.com/silverwhatpric_rgle.htm You do realize this is your *fourth* post in this thread you just started, right?
Just so you understand that none of your Google Groups "deletions" work. We see all of your "deleted" messages.
 Signature To the arrogant putzes at NBC:
Do we call the country Italia? Is its capital Roma? Were previous Olympics held in Moskva, Muenchen or Athine? Do we call it the "Shroud of Torino"?
No!
So learn to speak English already and call it Turin.
- from someone's blog
UC - 10 Mar 2006 01:08 GMT > UC spake thus: > [quoted text clipped - 9 lines] > Just so you understand that none of your Google Groups "deletions" work. > We see all of your "deleted" messages. I was adding to my own thread, not intending to delete anything.
> -- > To the arrogant putzes at NBC: [quoted text clipped - 8 lines] > > - from someone's blog Mike - 09 Mar 2006 23:42 GMT > Why is silver going up? Is demand is rising, or supply is dropping.
> The photographic demand for silver has to be going down. You think photographic demand is the _primary_ demand for silver?! Its not.
Peter Chant - 10 Mar 2006 01:15 GMT > You think photographic demand is the _primary_ demand for silver?! Its > not. Silver bullets for dispatching vampires?
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UC - 10 Mar 2006 01:46 GMT > > You think photographic demand is the _primary_ demand for silver?! Its > > not. It's 1/4, according to what I found.
> Silver bullets for dispatching vampires? David Nebenzahl - 10 Mar 2006 19:38 GMT UC spake thus:
>>> You think photographic demand is the _primary_ demand for >>> silver?! Its not. > > It's 1/4, according to what I found. According to Wikipedia (http://en.wikipedia.org/wiki/Silver), photography is "the largest single end use of silver". Summarizing the uses from their article (no percentages, unfortunately):
o Electrical contacts and conductive coatings (printed circuits) o Reflective coatings for mirrors o Coins [definitely a declining use] o Jewelry o Dental usage o Catalyst usage o Solder o Batteries o Explosives (silver fulminate) o Cement for glass (silver chloride) o pH testing electrodes (silver chloride) o Cloud seeding (silver iodide) o Medical uses (silver nitrate & silver sufladiazine, both declining)
So what was your question again?
 Signature To the arrogant putzes at NBC:
Do we call the country Italia? Is its capital Roma? Were previous Olympics held in Moskva, Muenchen or Athine? Do we call it the "Shroud of Torino"?
No!
So learn to speak English already and call it Turin.
- from someone's blog
Richard Knoppow - 11 Mar 2006 03:06 GMT > UC spake thus: > [quoted text clipped - 26 lines] > > So what was your question again? At one time Kodak was the largest consumer of Silver in the world with the exception of the U.S.Government (when silver was still used in coins). However Silver is subject to speculation so its price varies around.
 Signature --- Richard Knoppow Los Angeles, CA, USA dickburk@ix.netcom.com
Joe Makowiec - 11 Mar 2006 10:43 GMT > At one time Kodak was the largest consumer of Silver in > the world with the exception of the U.S.Government (when > silver was still used in coins). However Silver is subject > to speculation so its price varies around. Nelson Bunker Hunt and his brother William Herbert Hunt:
http://en.wikipedia.org/wiki/Nelson_Bunker_Hunt
 Signature Joe Makowiec http://makowiec.org/ Email: http://makowiec.org/contact/?Joe
Mike King - 12 Mar 2006 18:37 GMT Dental and photographic uses also declining, silver amalgams with mercury for fillings are much less popular than in the past and demand for silver photographic products on the decline as well. I suspect we are seeing some investor action and speculation.
 Signature darkroommike
> UC spake thus: > [quoted text clipped - 22 lines] > > So what was your question again? Jean-David Beyer - 10 Mar 2006 15:48 GMT > Why is silver going up? > > The photographic demand for silver has to be going down. There is a large exchange traded silver fund wishing to start up. In order to be allowed to trade, they must have about 1.2 million ounces of silver on deposit. It would be impossible to buy that much silver on the open market. About the only possible way to get that much would be to buy it from Warren Buffett's Berkshire Hathaway that has, fortuitously, about that much London silver in its possession. London silver has 1/10 the impurities of New York COMEX silver.
I have no idea how much Mr. Buffett would sell his silver for. But the silver market may be anticipating that he would not sell it at the price the promoters of that fund are willing to pay.
Silver demand has exceeded silver production for a long time now. It is mainly a by-product of copper production, so unless the price of copper goes up, silver prices will continue to go up.
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UC - 10 Mar 2006 15:50 GMT But if film consumption is declining, and film use represents 1/4 of the demand for silver, that's a big chunk!
> > Why is silver going up? > > [quoted text clipped - 21 lines] > /( )\ Shrewsbury, New Jersey http://counter.li.org > ^^-^^ 10:40:00 up 16 days, 13:00, 3 users, load average: 4.47, 4.26, 4.20 Jean-David Beyer - 10 Mar 2006 16:04 GMT > But if film consumption is declining, and film use represents 1/4 of the > demand for silver, that's a big chunk! Not compared to the demand of people who fear inflation and are buying gold and silver as a hedge.
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Jean-David Beyer - 10 Mar 2006 16:22 GMT >> But if film consumption is declining, and film use represents 1/4 of the >> demand for silver, that's a big chunk! >> > Not compared to the demand of people who fear inflation and are buying gold > and silver as a hedge. http://www.siliconinvestor.com/readmsg.aspx?msgid=22222732
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Frank Calidonna - 10 Mar 2006 18:40 GMT > But if film consumption is declining, and film use represents 1/4 of > the demand for silver, that's a big chunk! But silver is used in electronics which are proliferating all over the world - just like film used to. I think every soldered joint has a bit of silver.
Mike - 10 Mar 2006 19:08 GMT >> But if film consumption is declining, and film use represents 1/4 of >> the demand for silver, that's a big chunk! >> > But silver is used in electronics which are proliferating all over the > world - just like film used to. I think every soldered joint has a bit > of silver. Lots of electro-mechanical switches use silver
But I buy Jean-David's argument on inflation fears.
Scott W - 10 Mar 2006 20:21 GMT > >> But if film consumption is declining, and film use represents 1/4 of > >> the demand for silver, that's a big chunk! [quoted text clipped - 6 lines] > > But I buy Jean-David's argument on inflation fears. The real truth is that the digital camera manufacturers are secretly buying up silver to drive the price of film up and thereby hastening its demise. It is a conspiracy to do in film.
Scott
YD - 17 Mar 2006 01:12 GMT >> But if film consumption is declining, and film use represents 1/4 of >> the demand for silver, that's a big chunk! >> >But silver is used in electronics which are proliferating all over the >world - just like film used to. I think every soldered joint has a bit >of silver. Sorry about being a bit late about this. Due to the European RoHS directive tin/lead based solders are being phased out and replaced by a tin/silver alloy with some other stuff added to enhance solderability. Doesn't solder half as well as the traditional solder and costs a bundle. The "other stuff" in the alloy may be even nastier than lead, as long as it hasn't made it to the finger-wagging list yet.
- YD.
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John - 17 Mar 2006 09:41 GMT >Sorry about being a bit late about this. Due to the European RoHS >directive tin/lead based solders are being phased out and replaced by [quoted text clipped - 5 lines] > >- YD. Something I dug up after Googling "silver solder"
Background A wide range of alloys have been developed to provide suitable jointing properties for an even wider variety of parent materials and applications. Although silver is predominantly used, other elements within the filler materials include copper, zinc, tin, nickel, phosphorus, manganese, silicon and cadmium. The use of cadmium has particular advantages in reducing the working temperature required and providing good flow properties for making the joint. Typically, between 16-25% cadmium may be present in a cadmium-containing silver solder (see Table 1). A cadmium-containing alloy of 42% silver has a melting range of 608-617°C (BS 1845-AG2) whereas the cadmium-free near cost equivalent alloy of 40% silver has a melting range of 650-710°C (BS 1845-AG20).
== John S. Douglas Photographer & Webmaster www.legacy-photo,com www.xs750.net
Jean-David Beyer - 17 Mar 2006 11:48 GMT >> Sorry about being a bit late about this. Due to the European RoHS >> directive tin/lead based solders are being phased out and replaced by [quoted text clipped - 24 lines] > ‘cadmium-free’ near cost equivalent alloy of 40% silver > has a melting range of 650-710°C (BS 1845-AG20). Use of cadmium is deprecated. I no longer recall what is the matter with it, but it my be just plain toxic, or it may be carcinogenic, or teratological. But as I recall, you do not want it in your body.
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John - 18 Mar 2006 07:39 GMT >Use of cadmium is deprecated. I no longer recall what is the matter with it, >but it my be just plain toxic, or it may be carcinogenic, or teratological. >But as I recall, you do not want it in your body. Yep. Went over this when Kodak discontinued Ektalure, Elit and Kodabromide. All had cadmium in them. It accumulates in the body and can have pretty bad effects on the nervous system.
== John S. Douglas Photographer & Webmaster www.legacy-photo,com www.xs750.net
Ken Nadvornick - 18 Mar 2006 08:53 GMT > Sorry about being a bit late about this. Due to the European RoHS > directive tin/lead based solders are being phased out and replaced by [quoted text clipped - 3 lines] > than lead, as long as it hasn't made it to the finger-wagging list > yet. Interestingly, in a current thread on APUG a couple of posters are claiming that a Pentax decision to discontinue their 645NII and 67II cameras are seemingly related to just this issue:
http://www.apug.org/forums/showthread.php?t=25827
The following snippet from 'photoscalia' is also referenced:
http://www.photoscala.com/node/view/1260
Ken
Graham Fountain - 12 Mar 2006 04:29 GMT > Why is silver going up? > > The photographic demand for silver has to be going down. I shouldn't be surprised if photographic demand is actually going up. While film use and production has reduced, people are printing more than ever. Lab printing, even of digital, is all silver based. Additionally, there is a worldwide push for electronic products to be manufactured with lead-free solder. Most lead-free solder alloys contain silver, so that is another demand driver.
David Nebenzahl - 12 Mar 2006 05:22 GMT Graham Fountain spake thus:
>> Why is silver going up? >> [quoted text clipped - 6 lines] > manufactured with lead-free solder. Most lead-free solder alloys contain > silver, so that is another demand driver. And don't forget printing. (I mean *real* printing--offset, not digital stuff, although even some of that uses silver too.) Film for those who still use it (not all printers have gone the direct-to-digital route), and even some all-digital processes, such as polyester plates, use silver too.
 Signature To the arrogant putzes at NBC:
Do we call the country Italia? Is its capital Roma? Were previous Olympics held in Moskva, Muenchen or Athine? Do we call it the "Shroud of Torino"?
No!
So learn to speak English already and call it Turin.
- from someone's blog
John - 12 Mar 2006 06:34 GMT >I shouldn't be surprised if photographic demand is actually going up. >While film use and production has reduced, people are printing more than >ever. Yeah ! With giclee printers ! LOL !!!!!
== John - Photographer & Webmaster www.puresilver.org - www.xs750.net
Greg - 12 Mar 2006 14:13 GMT In article <441395a1$0$23296$5a62ac22@per-qv1-newsreader-01.iinet.net.au>,
> Lab printing, even of digital, is all silver based. That silver is reclaimed, there is no silver left on color papers once developed.
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Mike King - 12 Mar 2006 18:41 GMT It's obviously not 100% recyclable even if you could get 100% out of the spent bleach and fixer. But the effluent has to be 99.9999% free (or something like that). A lot of small labs just save the silver in a draw or store the recovery cartridges since they can't get enough money for them to justify the shipping, so I guess technically mini-labs are hoards.
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> In article > <441395a1$0$23296$5a62ac22@per-qv1-newsreader-01.iinet.net.au>, [quoted text clipped - 3 lines] > That silver is reclaimed, there is no silver left on color papers once > developed. Greg - 12 Mar 2006 23:45 GMT > It's obviously not 100% recyclable even if you could get 100% out of the > spent bleach and fixer. But the effluent has to be 99.9999% free (or > something like that). A lot of small labs just save the silver in a draw or > store the recovery cartridges since they can't get enough money for them to > justify the shipping, so I guess technically mini-labs are hoards. I merely stated the paper has no silver in it after developing- otherwise I agree and your points are noted.
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