Comments on: Price of Silver Climbing to All Time High of US $1,012

By: Jim

Jim — Mon, 18 Jan 2010 17:40:17 +0000

The amount has "dropped by 500%" ?? I'm no maths professor, but how is that calculated ?

By: Benno

Benno — Fri, 20 Nov 2009 09:53:56 +0000

As silver is the best conductor of electricity, there is no chance of the price dropping to a dangerous low. also, the amount of silver that is above ground has dropped by over 500% in under 100 years... it's a sound investment

By: Silver: Inflation Adjusted-All Time High : Trendsman Research

Silver: Inflation Adjusted-All Time High : Trendsman Research — Wed, 29 Jul 2009 03:18:43 +0000

[...] inflation adjusted all time high in Silver is $1,012/oz. That is in 1998 dollars. The missive is here. And while I don’t know when that will happen, I do have an idea how high the price of silver [...]

By: Ashley Delavane

Ashley Delavane — Thu, 14 Aug 2008 15:55:43 +0000

Actually about 70% of Hospitals in the USA are now TOTALLY digital. I know because I manage one of the largest companies that helps to recover silver from film and sub-contract for Kodak. Moreover Europe is going through the same process and is about 50% digital. Agreed that Africa,India and the emerging nations still heavily use silver halide- however modern film contains about 60% less silver compared to 10 years ago. This is a practical response to higher silver prices and higher fuel prices since oil is the other major component in manufacturing the polyester base for film. Furthermore-hospitals are much larger users than Hollywood ever has been in modern times. As the price of silver has increased from the standard $5 US for so many years- then more and more silver mines have found it profitable to re-open- some of the effects will be seen soon. not that it is cut and dry mind you- the emerging nations are increasing their silver consumption due to having a higher standard of living. Speculation also has a major effect on Silver prices especially when currency is low and oil is high of course-but how much is speculation and how much supply and demand when considering silver price? Difficult to say right now. My sincere belief is that despite dipping 25% in the last month-silver is generally on an upward trend and when looking at the longer view-5 or more years in the future- it will always be a minimum of 20% higher than it would have been 5 years previous. Good options to leave for our grandkids!!!

By: Budvar

Budvar — Wed, 30 Jul 2008 22:45:32 +0000

Charles said..Take a little care, one of the markets for silver has recently dried up, silver nitrate was used for film.

It's actually silver halide used in film, and I can assure you that the largest users of silver halide film, Hollywood, hospitals (x-rays) and high end professional photography don't use digital images, and neither do all the up and coming BRIC nations for family snaps.

There was a lot of silver used in the production of film, but there was an awful lot of silver recovered in the processing of film too.

By: charles

charles — Tue, 29 Jul 2008 22:18:46 +0000

Take a little care, one of the markets for silver has recently dried up, silver nitrate was used for film, my guess is you took your last photo with a digital camera. Further back in 1477 there still people who believed money should be backed by the supply and demand curve of a precious metal, another market that has gone. You seem to have some writers here that believe in that rather quaint idea, but I don't think it is going to get up.

By: Curt

Curt — Tue, 29 Jul 2008 20:08:00 +0000

Sound good to me. Maybe I can just sell my kids for some Silver.

By: JOHNNY O

JOHNNY O — Tue, 29 Jul 2008 16:03:51 +0000

I LOVE THE MOGAMBO GURU!
JUST KEEP ON KEEPIN' ON AND
HEAP ALL THE DISRESPECT YOU
CAN ON ALL THEM SORRY BASTARDS.

SERIOUSLY,

JOHNNY O

By: jerry brandenburg

jerry brandenburg — Tue, 29 Jul 2008 14:42:07 +0000

it seems the world is going for a shit in a handbasket thou we are bieng told china is goingto bail us all out do you believe china to be that dumb passing by a chance to take over bayling out the usaand giving power back to the mighty dollarbut maybe black has become white and 1+1=3 and normal old fashion thinking has been replaced by new hi tec but whatdo i know