Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Jim Willie CB who wrote (28214)	2/16/2003 2:01:43 PM
From: mishedlo	Read Replies (2) of 36161

JW. Long term film is going away. Period. Just a matter of time. The whole world is going digital. Film is obsolete. If you think I am biased, I assure you I am not. I am a part time professional photographer with over 80 magazine covers, who still uses film, and has never used digital. I am merely stating what I believe to be obvious. That said, who cares? The % of silver use in the photo industry is relatively small. I seem to recall 20% or so. Also consider that recovery of silver from the photo processes are large (do not have the number here so I will make one up, lets say 50%). That means even if Silver usage in the photo industry heads to zero, the total impact on the demand for silver falls at most 10%. If someone has better numbers please plug them in. My point for silver bugs is: Yes indeed photo use is headed towards (but will not reach zero) It does not matter as much as anyone thinks M

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