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To: Peter Sherman who wrote (134332)6/4/2004 9:28:43 AM
From: Jon Koplik  Respond to of 152472
 
Two (other) of the largest world markets for silver are:

Bill Fleckenstein

George Soros



To: Peter Sherman who wrote (134332)6/4/2004 11:01:48 AM
From: rharshman  Read Replies (1) | Respond to of 152472
 
Don't know how this became a silver message board, but to make the discussion more valid, it might be worth noting that one of the largest growth areas for silver usage is in electronic devices, including wireless telephones. As a practical matter, this silver is not recyclable, unlike photographic usage, most of which is recycled.



To: Peter Sherman who wrote (134332)6/5/2004 11:04:40 AM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
<Two of the largest world markets for silver are:
1 - Photographic and x-ray film. Both usages are disappearing with digital imaging.

2 - Dental fillings. Again disappearing. Most dentists are eliminating, or have eliminated, silver amalgam [ Hg also ] fillings from their practices.

Result: decreasing usage and decreasing demand. Ergo, lower prices
>

And, I learned during a trip to a gold mine that they produce a lot of silver, which they get incidentally to their main hunt, which is for gold. They still extract the silver as it has value, but it is just dumped at whatever the market will bear, which isn't very much [compared with gold, platinum etc].

So, even though demand is dropping, supply is increasing as gold hunting increases. I suppose so anyway. Though maybe the wealth effect in China [and India] will mean shiny baubles will be wanted so much that silver will zoom.

Mqurice