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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (99108)5/2/2001 6:32:41 PM
From: GraceZ  Read Replies (1) of 436258
 
What I wonder about is how do they account for (in those use figures and deficit figures) the fact that almost all of the silver used in photographic processes can be reclaimed, but it isn't because it is considered by most labs to be an expense not worth the effort and it is only done to satisfy EPA standards.

I was still in school in the 70s when silver along with gold made it's big spike and I remember the efforts to reclaim were at a feverish pace in our photography department. That effort and the effort to find a satisfactory substitute for silver in photographic processes went by the wayside when prices fell again. Now they already have a substitute.

It's funny how a commodity can have a structural deficit for ten years and the price doesn't seem to be effected. I'll bet even a little spike in the price will bring in supply at the margin. Although inflation would get gold going and most certainly silver along with it.
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