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 Replies: 20 / Views: 3,258 |
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Valued Member
57 Posts |
That is what I said, not much for photo anymore but the other uses have grown
greatly. Such things as electronics, heat transfer, industry, solar
will continue to grow. Silver is by far the best conductor of electricity and
temperature even when tarnished. Silver is the metal best suited for the future.
You sounded like it was no longer used much. They would make all wiring of silver
if it wasn't for the cost.
I'm not a silver guy, I'm a gold guy, but silver is even
better than gold as a conductor, it is the best.
Edited by Arthur Daniel
07/30/2015 5:03 pm
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Bedrock of the Community
United States
94367 Posts |
Well said, Arthur, and welcome!  |
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Rest in Peace
United States
2668 Posts |
Remember, kids; Figures don't lie, but liars figure. And a warm welcome to Arthur Daniel! Silver also has antimicrobial properties, and it is not toxic to humans. Great for dishes and... silverware.  |
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Moderator
 Australia
16844 Posts |
Quote:
Silver also has antimicrobial properties, and it is not toxic to humans. Silver is not magical; it cannot tell the difference between a microbe and a human cell. Anything that kills microbes, will kill you, too. Just like lead, mercury, cadmium, gold and any other heavy metal you care to name, silver can kill you if you eat/wear/smear on you enough of it. Studies have shown that silver-containing "anti-microbial" artifacts actually aren't much better at killing microbes than non-silver-containing control objects. Antibiotics are certainly much better at it. This, of course, has not stopped the pseudo-pharmaceutical industry from using silver in their formulations. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
4333 Posts |
Let me get out my crystal ball.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
1554 Posts |
Edited by 1893S
07/30/2015 6:53 pm
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Pillar of the Community
United States
711 Posts |
Quote:
Silver is not magical; it cannot tell the difference between a microbe and a human cell. Anything that kills microbes, will kill you, too. Just like lead, mercury, cadmium, gold and any other heavy metal you care to name, silver can kill you if you eat/wear/smear on you enough of it.
Studies have shown that silver-containing "anti-microbial" artifacts actually aren't much better at killing microbes than non-silver-containing control objects. Antibiotics are certainly much better at it. This, of course, has not stopped the pseudo-pharmaceutical industry from using silver in their formulations. I have a toothbrush holder with an antimicrobial silver additive in the formula. I always have used a toothbrush holder. A travel style that is totally encased other than a drain hole in it. Historically these holders get nasty over time so I buy a new one. I generally see something, probably mold, growing in it, flip out, and just pitch the holder and toothbrush. The last one I bought had a sticker on it proclaiming the antimicroial silver additive being in the plastic. I must say, this is the best toothbrush holder I have ever had. Nothing objectionable growing in it to the naked eye after maybe 2x - 3x the use so far. Great marketing if nothing else. Edited by BuckeyeCoinGuy
07/30/2015 6:38 pm
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Pillar of the Community
United States
1554 Posts |
I think the OP wanted to know what coin we would buy if silver went to $400 or $500 an ounce, he didn't ask about the antimicrobial properties of silver.
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Pillar of the Community
Canada
2019 Posts |
Would it really matter? Just buy what ever silver coin your like best, if silver goes to $500 an oz your in the money!
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Pillar of the Community
United States
808 Posts |
In response to the OP specific question, if I were to buy one coin in anticipation of a dramatic rise in the price of silver it would be...
A brand new 2015 American Silver Eagle coin (BU grade) from a reliable coin dealer. I'd also pay an additional $2.00 for for an air-tite(TM) direct fit coin holder so I could enjoy the coin without worrying about ugly fingerprints. Done!
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Pillar of the Community
United States
1119 Posts |
The coin I would buy to maximize profits would probably be the Canadian Maple Leaf. They are a little cheaper than American Silver Eagles here. To absolutely maximize profit on silver though I would not buy a coin I would buy a generic silver round or bar to get it for even a little bit cheaper. But then again I am not really sure because I usually get spot plus a dollar for ASE, spot for Maples, and spot minus a dollar for generics from my LCS. If the spot price of silver went up to $500 all bets are off, because most likely a bag of flour or a Bic lighter would be more valuable than any silver coin. |
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Valued Member
Australia
208 Posts |
If I believed that silver was headed to $500 and ounce (or even $100) I would be buying all sorts of silver hand over fist. If I had to pick just one COIN (not round or bar) like the OP question asked, I would probably choose Canadian Maples - the premiums are lower than ASE's and they are still very easy to sell when the time comes. I am very pro silver, but don't see $500/oz. I still love silver coins, but I am finding the best bargains on sterling silver items at garage and estate sales, I might be averaging about 50-60% of melt. |
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Valued Member
292 Posts |
Buy dimes as there is no shortage of silver dimes. Heck, you can easily find silver dimes coin roll hunting as well. Also, such a small sized coin will allow you to make more transactions if you could use the silver directly as currency.
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Pillar of the Community
United States
606 Posts |
I won't buy anymore Canadian Maple Leafs because of the milk spotting issues. I love Maple gold because of the .9999 as it keeps its brilliant luster.
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Pillar of the Community
United States
3789 Posts |
The OP is pretty much talking about a dreamland scenario.
There is a glut of silver around the world. Its clear the best times are over for silver.
Therefore, buying large amounts of silver is a pure waste of good money and counting on making large amounts of money based on wild predictions of high numbers is really just a fantasy.
stay away from silver and gold, they are not worth investing in nor worth looking at turn over for big profits.
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Posted 07/30/2015 5:06 pm
