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To: GraceZ who wrote (99094)	5/2/2001 5:16:09 PM
From: Earlie	Read Replies (2) \| Respond to of 436258

Grace: Totally agree with your commentary. I never had much interest in photography.... too much hassle. But with digital photography, the "no hassle" aspect provides big time appeal to me. And the reduced costs as well as knowing right away what the pic looks like has me hooked. Sending pics to friends via the net is a real benefit as well. Best, Earlie

To: GraceZ who wrote (99094)	5/2/2001 5:37:10 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

we'll look at it again next year, and the year after next, and so on. all i'm saying is that so far, the demise of silver based film has been greatly exaggerated, since it simply hasn't happened. most applications for silver are btw. very price inelastic, since silver is usually such a small component in them. even if photographic silver demand should at some as of yet undeterminable point in the future decline, the demand growth in other applications will easily make up for that. in the meantime, there's been a huge primary supply/demand deficit persisting for 10 years, and global inventories are at a 7 decade low. that's right, 7 decade low. soon no inventories will be left, and then the test for your theory will come, as silver prices won't stay down when that happens. btw, photographic demand was 246 m. oz last year, out of total fabrication demand of 888m. oz. about the size of the structural deficit.

To: GraceZ who wrote (99094)	5/2/2001 5:41:49 PM
From: pater tenebrarum	Read Replies (1) \| Respond to 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.

To: GraceZ who wrote (99094)	5/2/2001 6:30:00 PM
From: LLCF	Read Replies (1) \| Respond to of 436258

Grace, I like Heinz's newspaper analogy... although I agree with you in the long run, right now it just isn't happening. I have both kinds of cameras and use my 'old' ones tons more... why?? Because guess what it gets used for??? Kids take pix with friends, but 'em on the bullit board at school... give 'em to their freinds, laugh about them... run around the house 'cheeze' with their kiddy cameras, etc etc... Hell even the grown ups do because we go places and show people pix of the kids... I don't know the breakdown, or dynamics of other [commercial, etc?] users... but fagetaboutit for the masses. Ain't goin away. DAK