Price of silver - How far will the market be able to stretch?
I am looking at the price of silver like most of you would… with a lot of anxiety. And an obvious question, how much more will the market and the industry be able to absorb higher silver prices as we have past $39 per ounce, we were at $19 in August last year.
The Telegraph is questioning whether a fall of silver prices is not coming up next.. http://www.telegraph.co.uk/finance/n...or-a-fall.html ... other sources demonstrate that the commodity is still underpriced.
I can't help wondering, with a lot of anxiety, how much more capacity the photographic industry and its market have to absorb steeping silver prices?
When is Ilford increasing its prices next, will we still be able to afford it?