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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Richnorth who wrote (13991)10/25/2000 11:18:55 PM
From: Bill Jackson  Read Replies (1) of 14627
 
Richnorth, sent this to silver guru, lets see what he says?

Bill
What about the 5 billion ounces in India as Brides dower silver?
that is what killed the hunts. When it went to $40+ it drew a sea of silver
out of India.
As traditional Indians use a brides Dowry as a needed valuable before they
will let their sons marry it has for a long time been held out of
circulation and passed down family to family.
The traditions in India are eroding and more and more silver)gold too as
well as other valuables like diamonds) are getting sold as brides abandon
tradition.

Silver use in film is going to drop as digital methods replace film
Short term sales in throw away cameras are going to drop as the third world
goes digital
Silver will not fall much, but will plateau.
As we speak Kodak is in trouble and is going digital
All the huge silver plant that is Kodak's film business will go away in
10-25 years.
Moving pictures and the millions of prints made there are also going digital
X-rays are also going digital. In 20 years we will see jewelry and
electronics use in relays as the main uses(relays is dropping as well as
electronic relays take over)

Bill Jackson
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