http://www.silver-coin-investor.com/silver-uses.html
Most investors have no idea that the vast array of silver uses has created a worldwide demand that far exceeds supply. The few who do understand the fundamental uses for silver assume that, as with any commodity, deflation will continue to weigh on silver prices.
These investors are missing the unique position of silver metal as both a commodity and monetary asset. There are a dizzying, yet undeniable number of reasons that people continue to frequent coin shops.
Following is an overview of how silver is used in modern times. See for yourself how profitable silver can potentially be for the average investor.
Skeptics beware! ...
Silver in ElectronicsSince silver is the best electrical conductor of all metals, it is an absolute must in conductors, switches, contacts and fuses.
Here’s an overview of the characteristics that create so many silver uses in electronics:
Low contact resistance High thermal conductivity Mechanical wear resistance Chemical stability Low polymer formation Cost-effectiveness, with the longest functional life of any metal alternative
Furthermore, silver is an important element in many types of batteries—most quartz watch batteries contain a silver oxide cell for longer life and more power, as do many other types of batteries, including rechargeable and disposable batteries of all sizes.
Most investors have no idea that the vast array of silver uses has created a worldwide demand that far exceeds supply. The few who do understand the fundamental uses for silver assume that, as with any commodity, deflation will continue to weigh on silver prices.
These investors are missing the unique position of silver metal as both a commodity and monetary asset. There are a dizzying, yet undeniable number of reasons that people continue to frequent coin shops.
Following is an overview of how silver is used in modern times. See for yourself how profitable silver can potentially be for the average investor.
Skeptics beware! ...
Silver in ElectronicsSince silver is the best electrical conductor of all metals, it is an absolute must in conductors, switches, contacts and fuses.
Here’s an overview of the characteristics that create so many silver uses in electronics:
Furthermore, silver is an important element in many types of batteries—most quartz watch batteries contain a silver oxide cell for longer life and more power, as do many other types of batteries, including rechargeable and disposable batteries of all sizes.
Medical Uses for SilverSilver uses in purification have been known throughout the ages. Today, silver is used in many health-care products. Specifically, silver sulfadiazine is used by every hospital in North America to prevent infections in burn victims. Other health-related silver uses include:
Jewelry and SilverwareSilver possesses working qualities similar to gold but enjoys greater reflectivity and can achieve the most brilliant polish of any metal.
To make it durable for jewelry, however, pure silver (999 fineness) is often alloyed with small quantities of copper. In many countries, sterling silver (92.5% silver, 7.5% copper for toughening) is the standard for silverware and has been since the 14th century.
Silver CoinsSilver, being a rare and noble metal, has been used as a medium of exchange throughout all recorded history.
Until the late 19th century most nations were on a silver standard with silver coins forming the main circulating currency—silver being in greater supply and of less value than gold, thus being more practical for everyday payments.
As gold became more plentiful, however, silver was slowly replaced. Currently, in the U.S., silver is used only in bullion, commemorative and proof coins. However, silver coins continue to be the medium of exchange wherever paper is not acceptable, for example, in parts of Africa and the Middle East.
The List Goes On...Silver plays a role in many more products that impact our daily lives.Following are just a few of the many ways in which silver is used now and will continue to be used in the future:
Electroplating Mirrors and other coatings Photography, including x-ray imaging Solar energy generation Water purification...
To make it durable for jewelry, however, pure silver (999 fineness) is often alloyed with small quantities of copper. In many countries, sterling silver (92.5% silver, 7.5% copper for toughening) is the standard for silverware and has been since the 14th century.
Silver CoinsSilver, being a rare and noble metal, has been used as a medium of exchange throughout all recorded history.
Until the late 19th century most nations were on a silver standard with silver coins forming the main circulating currency—silver being in greater supply and of less value than gold, thus being more practical for everyday payments.
As gold became more plentiful, however, silver was slowly replaced. Currently, in the U.S., silver is used only in bullion, commemorative and proof coins. However, silver coins continue to be the medium of exchange wherever paper is not acceptable, for example, in parts of Africa and the Middle East.
The List Goes On...Silver plays a role in many more products that impact our daily lives.Following are just a few of the many ways in which silver is used now and will continue to be used in the future: