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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: Bill Jackson who wrote (12244)10/29/1999 10:30:00 AM
From: AurumRabosa  Read Replies (1) | Respond to of 14627
 
Bill, Do you have data to substantiate your claim that film sales are dropping? Kodak doesn't agree with you:

Kodak Earnings Up; Job Cuts Coming
The company said its film revenues rose 7% in the US and 8% worldwide during the quarter, with higher volumes more than offsetting lower prices.
dailynews.yahoo.com



To: Bill Jackson who wrote (12244)10/29/1999 11:25:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 14627
 
<<Claude, I think silver will drop in the next few years as e-cameras rush to the front of the pack. Already film sales are falling. In addition X-ray useage is falling as they too go electronic. Jewellery...grows, electronics..drops. Future for silver is long term downtrend. >>

Judging by the current numbers I read, I don't think this will happen. Silver demand for films continue to grow. No doubt at some point, it will start to slow down and diminish. But it will be very progressive.

The demand from this source is almost identical to the current deficit. So even if silver uses in photography and X-rays is cut by half, we are still in a deficit.

Also, new silver uses are found every year. Silver demand for electronics is growing and could reach the levels of current demand for photography in the next decade.

The jewellry sector continute to be very strong.

Of ocurse, we are not really sure what t5he current above ground inventories are for silver.... but it is a matter of time before they are depleted.

Since the silver supply/demand deficit is expected to last for decades... How can the silver prices move down over the long term.

Despite all this, the silver play I have in mind will likely be very profitable even at prices of $3.50-$4.00.

I know the following is propaganda, but it is probably not too far from the truth:

panamericansilver.com