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Save, Sell Metal ? Carbon Fiber, Fiber Optic, Satillite

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Author Previous TopicReplies: 8 / Views: 2,878Next Topic  
Pillar of the Community

United States
958 Posts
 Posted 07/28/2010  8:17 pm Show Profile   Bookmark this topic Add coppertop5150 to your friends list Get a Link to this Message Number of Subscribers
so whats the opinions ?
as technology becomes more advanced something go out of fashion or not used as often

I have been reading online that the future of silver,gold and other precious metals is uncertian as with semi precious metals. Computers and electrics are mass produced so cheap they dont use gold or silver plating inside like in the late 70's 80's. Many telecommunications lines that used copper and silver contacts are being replaced with satillite ,wireless connections and fiber optics over the last 10-20yrs.Many cheap alloys are decent conductors and used today.Even steel parts are being replaced by plastic ones ( look at cars bumpers and so on)
carbon fiber is lighter then metal and used alot now.


so will the technology in the future drive prices lower?
or maybe less of the metals will be mined as demand gets lower using the produce less to keep demand high?

so it goes to the choice or profit/investment or to collect
if someone has a silver quater common date and can get 3$ for it
if silver falls to 9$ a oz then they will only get 1.50$ for it
or if they hold silver gets up to around 40$ they can get close to $7
for it.
i read some of the old times back around 1980 sold massive amounts or silver coinage and were glad they did in few years things crashed

so save ?
sell ?
or collect for the love or it?

whats the opinions?
Valued Member
cdiddle's Avatar
United States
51 Posts
 Posted 07/28/2010  10:16 pm  Show Profile   Bookmark this reply Add cdiddle to your friends list Get a Link to this Reply
Collect for the love of it. That is my personal opinion. In my life time I have learnt that if you do what you love it is never a burden and in the long run usually turns out to be prosperious.
Pillar of the Community
United States
958 Posts
 Posted 07/29/2010  12:09 am  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
so do you just collect them until you die ? then someone else sells them : )
Bedrock of the Community
United States
20753 Posts
 Posted 07/29/2010  12:40 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Your getting close to the future of what will become of all our so called precious metals. A Twilight program had a story of someone that went to sleep for a long time with a pile of Gold. Woke to find it is worthless since it can now be made. Olddly enough not enough people yet realize that we are getting close to that now. For example if someone wanted they could flood the market today with Diamonds since they can now be man made. Which is why the lazer info on the real ones to let people know they are real. However, the many made ones are actually purer than the ones found in the ground.
Soon enough such places as Fermi Labs will make the old Alchemist dreams of changing a metal into Gold. Present experiments all over the World are working on this even now.
So the future of any precious metals will be that you can have a Table in your house of Pure Gold worth about $1.
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 07/29/2010  12:50 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
You can already make your own gold using nuclear transmutation. If you bombard Hg198 with gamma rays, you get Hg197,and a spare neutron. The Hg197 decays in one month into 99.9% pure Au197. The bad news is that it is far more expensive to get pure Hg198 and bombard it with gamma rays then it is to mine gold.
Edited by nod2003
07/29/2010 12:51 pm
Pillar of the Community
Tim Stroud's Avatar
United States
2661 Posts
 Posted 07/29/2010  6:04 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Well I do not know for sure about gold, silver, or copper, but I do believe that aluminium use will drop in the future. I say this because carbon fiber reinforced plastics or CFRP is how the Aerospace industry is leaning. The Boeing Dreamliner has a CFRP skin and I think the wing spars are also carbon fiber. The Airbus A350 will be made almost entirely of the stuff. Not much need for aluminum in aviation any more. A lot more manufacturers are looking at carbon fiber to replace the metal now being used in their products.
Pillar of the Community
Nic's Avatar
Philippines
1156 Posts
 Posted 07/29/2010  8:46 pm  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply
just continue collecting

The future is all about new metal alloy mixtures, there will soon be metals looking like real gold, for use on coins that are actually not gold, but simply alloys of some other metals.

collecting these new metal coin alloys would surely introduce a new thread in collecting coins for it's metal content
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 07/30/2010  08:51 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Honestly Tim, I think we use far more aluminum in soft drink cans then we do in aerospace applications. We also use more steel making bottle caps then cars.
Bedrock of the Community
United States
20753 Posts
 Posted 07/30/2010  4:22 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Honestly Tim, I think we use far more aluminum in soft drink cans then we do in aerospace applications. We also use more steel making bottle caps then cars.


Truer words are seldom said. If you could ever get a chance to visit a canning company, you'ld go into shock seeing the massive amount of Aluminum being utilized. In the past I've worked the Engineering of some of them and even that is something of amazement. A canning company could be installed in an old warehouse in months and become productive making millions of cans.
I really could not imagine any aerospace or automotive application the could equal the usage of Aluminum for canning. And that is not just in the USA, but all over the World.

Quote:
You can already make your own gold using nuclear transmutation. If you bombard Hg198 with gamma rays, you get Hg197,and a spare neutron. The Hg197 decays in one month into 99.9% pure Au197. The bad news is that it is far more expensive to get pure Hg198 and bombard it with gamma rays then it is to mine gold.




That too is trivial compared to the peocesses be conducted on metalic changes in many Nuclear organizations even now.
Edited by just carl
07/30/2010 4:24 pm
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