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New Member
32 Posts |
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Silver is an industrial and a monetary metal. Gold is a monetary metal. Uh since nobody uses the old film that used to contain silver anymore there is hardly any use for silver in industry. A lot of the old people might not realize that everything is digital now. Silver is now only a monetary metal and considering you can get a $5 Canadian maple leaf it shouldn't even be close the $40 that it dropped to today. Gold on the other hand is widely industrial and despite its price it is not a high monetary metal like so many hope to make people think so that its price keeps rising. When was the last time that any country printed a $1000 gold coin in order to make its monetary value anywhere near its commodity market value. Gold is the best electrical conductor in the world and any high quality electronic costs the price it does case of the price of gold that is used in it. |
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Pillar of the Community
Canada
3692 Posts |
Cheaper for the holidays and back in gear for the new year. C'mon, you guys should know this. :D
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Valued Member
United States
362 Posts |
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Uh since nobody uses the old film that used to contain silver anymore there is hardly any use for silver in industry. Hardly any use for silver? Sorry but this is incorrect... Cathodes and Anodes, soldering, mirrors, and in solar cells I believe they are also used. Do a google search. Silver might not have as many uses, but there are still many uses of silver. Not to mention silver is a better conductor than gold or copper |
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Pillar of the Community
United States
4008 Posts |
To address the misinformation in this thread, consider looking at this: http://www.silverinstitute.org/supply_demand.phpThe Silver Institute is an excellent resource for anyone interested in silver, its applications, as well as production amounts. As to the idea that no silver is used in photography... PHHHFFTTTT! Yes, digital photography is big and getting bigger but there are still uses for silver in photography even so. X-ray film, high resolution photography (mapping, military, etc), and instant cameras, just to name a few. Solar energy applications use quite a bit of silver and do not seem to be going away any time soon. |
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Pillar of the Community
 United States
787 Posts |
I did as Ed B suggested and went to the web page. I already knew silver was used in electronics, photography, and solar energy. More listed are as follows:
Coinage / Jewelry / Silverware /Batteries / Bearings / Brazing and Soldering / Catalysts / Electronics
Medical Applications / Mirrors & Coatings / Water Purification
On a side note, I have heard silver has natural antibiotic properties. It is evidently a good
metal for currency and somehow is believed to help kill certain germs and the like.
Anyway, I have learned things here. Look forward to more comments.
Kenscott
Edited by kenscott
09/12/2011 9:18 pm
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Rest in Peace
United States
9104 Posts |
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When was the last time that any country printed a $1000 gold coin in order to make its monetary value anywhere near its commodity market value. Not a real good point, because they don't print $1000 fiats, either. I can remember when the corn cob festival had a grand prize of a $1000 for their drawing. Yep, a $1000 bill, strapped on the arm of the show manager. |
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Rest in Peace
United States
9104 Posts |
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On a side note, I have heard silver has natural antibiotic properties. It is evidently a good metal for currency and somehow is believed to help kill certain germs and the like. Nickel, too. If you prefer your silver in drinkable form, buy a bottle of colloidal silver. A silver coin/spoon in a pitcher of milk kept it from spoiling at room temperature. |
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Pillar of the Community
United States
1150 Posts |
Back in the good ol' days, folks would throw a silver dollar in the milk bottle to kill bacteria.
There are a lot of uses for silver. Silver was a monetary metal first, therefore it remains a monetary metal regardless of its many industrial uses.
Gold is also used in industry, however it is not as versatile as silver. That does not make gold an industrial commodity. Gold is a monetary metal first and foremost.
With all of the Euro problems, right now would be a prime buying opportunity if you are using dollars to buy with.
That is all.
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Pillar of the Community
United States
1026 Posts |
Well not sure why no one ever says that silver also has been used as money for hundreds of years and traded for payment between countries also as numerous shipwrecks show us.
The silver dollar use to be in every pocket around the works also.
Anyway I think silver just like gold will always be valued as a stable payment option myself.
It will be easier to sell a $50.00 silver bar or dollar then a $2000.00 gold one.
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Pillar of the Community
United States
931 Posts |
Silver is used in auto glass, solar panels, and electronics to name a few Joey. Not to mention guided missiles which I'm sure we are replacing at a high rate currently. We blew hundreds of them into Libya alone, not to mention Pakistan and the border lands between Afghanistan and Pakistan. Have you seen the huge solar farms going up all over the world? Guess not.
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Pillar of the Community
United States
4008 Posts |
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Silver was a monetary metal first, therefore it remains a monetary metal regardless of its many industrial uses. Considering how the ladies love shiny things and how eager we fellows are to please them, it is likely that silver was first used in jewelry.  |
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Pillar of the Community
Canada
1581 Posts |
> On a side note, I have heard silver has natural antibiotic properties
Indeed. The handholds in the new Toronto subway cars (which will be the basis for future new ones in places like Boston and New York) are impregnated with silver for anti-bacterial (public health) reasons.
Silver has also been shown to kill MRSA. So, for at-risk individuals, silver impregnated band-aids are an option for hospitals.
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Pillar of the Community
United States
4008 Posts |
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Not a real good point, because they don't print $1000 fiats, either. Not too worry, Fredd. As fast as Uncle Ben is degrading US currency, I fully expect to see the $1000 bill resurrected any time now. :-/ |
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Pillar of the Community
United States
1150 Posts |
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Considering how the ladies love shiny things and how eager we fellows are to please them, it is likely that silver was first used in jewelry.
You are wise beyond your years. |
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Pillar of the Community
United States
4008 Posts |
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You are wise beyond your years. Thanks, Mitch. Then again... at age 62, I have a LOT of years!  |
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Replies: 20 / Views: 2,758 |
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Posted 09/12/2011 5:14 pm
