According to Bloomberg News, Eastman Kodak consumes approximately 8.5 million ounces or $300 million worth of silver each year for its manufactured goods and supplies. Would Kodak be selling off silver reserves via their film division or any other divisions? Kodak recycles a lot of silver used in film. Is this a part of the film division? At the time of its bankruptcy, Kodak said it had $5.1 billion worth in assets. How much of this $5.1 billion is in the $1 billion annual silver market?
Max Keiser
Financial War Reports
