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Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (2828)	11/17/1998 11:09:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 4066

Marcos, I agree that the advent of tech implemantation varies with the region. SOme third worlds, like Mexico, are artificially kept down by a corrupt oligarchy. Others advance more quickly under varied despotisms, like singapore and Indonesia, some are more enlightened that others. In fact Singapore is only technically a despotism as they are more free than many(except for gum and drugs) There are huge reserves of low grade silver in the ground and so any advance in price will make more flow and vice versa. Their is of course a tradeoff in resolution with the cheap cameras. a 35MM 100 ASA color film is around 2500 pixels by 1800 or about 4.5 million pixels. Such cameras are around $10-15,000 US$ and are used for special effects. 2 years ago such a camera was $50,000. Currenly 1 million pixel cameras are around $600 US. 2 years ago they were $8-10,000. In two years the 4.5 million pixel will be around $1000 and where will the 1 million be? they are in a faster decline that the price of Intel CPUs as there are a dozen competitors in both C-mos(cheaper, less sensistive, less dynamic range) and CCD sensor cameras. Soon there will be a $50 good camera with a milion pixels. We have 256Meg DRams for about $25 and megapixel C-mos sensors will be far cheaper. the lens...plastic, all the rest really cheap. this will revolutionize the field. Prints on paper?, on gloss paper with 600 DPI color it is very good, especially with the editing capacity they have to pick the 1-2 good shots and print those. Quality is very good. The old time photo industry is already involved in this change. I do nto feel the back woods of Mexico or anywhere are as bad as you say. A friend of mine did a CBC documentary on the lacondonian indians and there were small computer stores in the regional towns with picture printing ability and cameras for rent. That tech bypasses the wet chemical kiosks that need huge volume and the small labor intensive single roll shops or newspaper shops that cost and arm and a leg and the chemicals fade with the heat etc. There is a real risk it will free fal silver as demand falls. Do not forget a 5% excess and price falls, a 5% shortage and price doubles in silver. Bill