Silver up sharply today!

Yikes! From a brief dip below $6.30 this am to a close over $6.70!

What's that all about?

dondi3
DONDI enterprises. BUY, SELL, TRADE. RARE COINS & PRECIOUS METALS
Member COINNET, CSNS, ANA, INA, MOON, ILNA.

On 26 Feb 2004 19:01:46 GMT, (DONDI3) wrote:

Yikes! From a brief dip below $6.30 this am to a close over $6.70!

What's that all about?

Gee thanks, after I sold a bunch of junk this weekend.

BLReed

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"DONDI3" wrote in message
...
Yikes! From a brief dip below $6.30 this am to a close over $6.70!

What's that all about?

dondi3
DONDI enterprises. BUY, SELL, TRADE. RARE COINS & PRECIOUS METALS
Member COINNET, CSNS, ANA, INA, MOON, ILNA.

DONDI3 wrote:
Yikes! From a brief dip below $6.30 this am to a close over $6.70!

What's that all about?

Seems about right.

I sold my 100oz bar two weeks ago, so this is about the time
for it to go up sharply.



--
davewang202(at)yahoo(dot)com

Here is my take on the recent silver market :

For years, every time the price of silver started going up, Kodak (A Silver User's Association member)
made noises about how digital cameras were hurting the traditional (silver-based) film market. This had
the effect of dampening any price rises in silver.

Recently, Kodak announced their plans to move away from traditional film and focus on other things.
Some analysts took that as a sign that silver demand for film usage would decline dramatically. But I
interpreted it differently. One of the major sources of silver is recycled film. So if traditional film goes
away,
so does much of the recycled silver supply. I took all this as a sign that Kodak was finally "throwing in the
towel" -
because they knew that rises in the price of silver were inevitable, if not imminent.

Is it a coincidence that Kodak announces their plans to move away from traditional film just as the US
strategic stockpile of silver is depleted ? I think not.

Silver is unique among all metals. It has capabilites unmatched by others. It is a truly "space-age"
material
just waiting for someone to take advantage of it's capabilities. As energy prices rise, silver usage will
increase
in that arena. Here are some of the uses/properties of silver:

Silver has the highest electrical conductivity of any metal (superconductors - power transmission).
Silver has the highest thermal conductivity of any metal (heat exchangers).
Silver has the highest reflectivity of any metal (mirrors, solar furnaces).
Silver compounds are the most photo-sensitive known (film, solar cells).
Silver is one of the best biocides, and is relatively harmless to humans (mold suppressants, anti-bacterial
agents, water purification).

I've heard talk of replacing the toxic arsenic used to treat lumber with safe silver.
I've also heard talk that China is going to use a special silver-alloy wire for their electrical power grids.

In years past, silver managed a few slow increases in price, only to get rapidly shot down.
The rapid drops could be attributable to market "dumping" of portions of the US strategic silver stockpile by
the
Silver User's Association (as an effort to keep silver prices low for the corportations that use it).

But the recent price action indicates that a true tightness in the supply of silver may have developed.
Why would that be happening now ? Because the depletion of the US strategic silver stockpile is starting to
bite.



"DONDI3" wrote in message ...
Yikes! From a brief dip below $6.30 this am to a close over $6.70!

What's that all about?

dondi3
DONDI enterprises. BUY, SELL, TRADE. RARE COINS & PRECIOUS METALS
Member COINNET, CSNS, ANA, INA, MOON, ILNA.

Dcarr writes:
Here is my take on the recent silver market :


and mentions some good reasons for silver to rise in price...

So should I buy more now? sell,or hold? and how high will the price go? care
to dust off your crystal ball and advise?

From: dondi3

a close over $6.70! What's that all about?

inflation.

8-]


Coin Saver

On Thu, 26 Feb "D Carr" wrote:

Here is my take on the recent silver market :
[snip]
because they knew that rises in the price of silver were inevitable, if not imminent.

Nonsense, what little film business remained was dominated
by Fugi and others.

And the superior advantages of digital photography can't
be denied.
I bought a Polaroid MP4 for taking pictures of coins, and
found out within days that I should have selected a digital
camera. And my Mavica CD1000 (the one used by special
forces troops) is now very outdated, only capable of 1600 x 1200.

Is it a coincidence that Kodak announces their plans to move away
from traditional film just as the US
strategic stockpile of silver is depleted ? I think not.

What is depleted?

Silver is unique among all metals. It has capabilites
unmatched by others. It is a truly "space-age" material
just waiting for someone to take advantage of it's capabilities.

Ok, so you are holding silver?

As energy prices rise, silver usage will increase
in that arena. Here are some of the uses/properties of silver:

Not very likely, it is already too expensive for most uses.

Silver has the highest electrical conductivity of any metal (superconductors - power transmission).

But not needed for most uses, and can't be used very many
places, the thieves are already stealing copper power lines (any
time there is a power failure and the power is off, some even
being electrocuted.

Silver has the highest thermal conductivity of any metal (heat exchangers).

Not likely for terrestrial use, maybe space.

Silver has the highest reflectivity of any metal (mirrors, solar furnaces).

Not true, vapor deposited aluminum has always been used
after it was developed, even the 100 inch telescope at Mount
Wilson and the 200 inch at Mount Palomar have always used
aluminum.

Silver compounds are the most photo-sensitive known (film, solar cells).

Not much use in solar cells, and silver does not enable
color images, doesn't everybody want color?

Silver is one of the best biocides, and is relatively harmless to humans
(mold suppressants, anti-bacterial agents, water purification).

Not needed and not affordable.

I've heard talk of replacing the toxic arsenic used to treat lumber with safe silver.
I've also heard talk that China is going to use a special silver-alloy wire for their
electrical power grids.

They can probably afford it they don't have to pay labor,
and every $100 imported costs the Social security trust fund $10,
and costs $50 or more in lost wages here.

In years past, silver managed a few slow increases in price, only to get rapidly shot down.
The rapid drops could be attributable to market "dumping" of portions of the US strategic
silver stockpile by the Silver User's Association (as an effort to keep silver prices low
for the corportations that use it).

Or rather for the customers that buy the products.

But the recent price action indicates that a true tightness in the supply
of silver may have developed. Why would that be happening now ?
Because the depletion of the US strategic silver stockpile is starting to
bite.

Probably only because the dollar has fallen, and it is
expected the Mint will be buying some silver to continue
round production.

Forty cents isn't a big deal, silver was $15.00 in the
early eighties, if it goes that high it will be something to
get excited about.

But a quick look at world silver production will
sober any crazy speculation ideas.

Joe Fischer

"D Carr" wrote
Silver has the highest electrical conductivity of any metal (superconductors - power
transmission).
Silver has the highest thermal conductivity of any metal (heat exchangers).

Silver has a very marginal edge over copper both as a thermal conductor and electrical
conductor but the cost difference, approx. 75X, makes silver very impractical for the vast
majority of thermal/electrical uses.

--
John

Visit the RCCers favorite coins web page
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Thereby making this particualr auction look better as these are now below
melt:

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--Keith