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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: GraceZ who wrote (99094)5/2/2001 5:41:49 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
another aspect: of the sources of supply that make up the difference between the 547 m. oz. mine production and the 888m. oz. in total fabrication demand, the biggest is silver scrap, which amounts to 175 m. oz. annually.

guess where it comes from? right, 90% of it comes from the photographic sector. so should photographic demand decline, so will photographic scrap supply, and the structural deficit will consequently barely be dented. only higher prices can do that, longer term.
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