Why Silver Is One Of The Most Important Elements On Earth

[The Moonshaft]

Published at GoldSilver.com

"This month, we’re shining a spotlight on silver. Did you know that in over 14 languages, the word for 'silver' is synonymous with 'money'? That's no coincidence... It’s far more than your ordinary metal, silver is a versatile marvel that has fascinated humanity and been used as money for thousands of years. If you're new to the precious metals game or even a seasoned investor, here’s some of the reasons why silver should belong in your portfolio.

"Silver Is The World’s Most Reflective Metal — Polished silver reflects 95% of the visible light spectrum, which makes it the most reflective metal known to man. Its reflective properties are also used for objects like mirrors, telescopes, microscopes and solar panels."

Article continues here: https://goldsilver.com/blog/why-silver-is-one-of-the-most-important-elements-on-earth/

 

[SteveW]

Published at GoldSilver.com

"This month, we’re shining a spotlight on silver. Did you know that in over 14 languages, the word for 'silver' is synonymous with 'money'?

Yes, it was even synonymous in the UK. Long after the coinage had been debased a store might ask if you had a few coppers to make change. In the same way the cupro-nickle coinage was called silver, even though it was not!

Although silver coinage was no longer being produced you could sometimes find a Queen Victoria crown piece (0,25 GBP or 5 shillings) in the late 50's. Produced with 0.925 silver the coins contained 0.84 KAG. I still have 2 specimens, a Jubilee Head and what was called the Old Queen.

 

[CrypticMystic]

Yes, it was even synonymous in the UK. Long after the coinage had been debased a store might ask if you had a few coppers to make change. In the same way the cupro-nickle coinage was called silver, even though it was not!

Although silver coinage was no longer being produced you could sometimes find a Queen Victoria crown piece (0,25 GBP or 5 shillings) in the late 50's. Produced with 0.925 silver the coins contained 0.84 KAG. I still have 2 specimens, a Jubilee Head and what was called the Old Queen.

'Stirling' also comes to mind - what could that reference? Silver or pounds?

Silver is also the best element to conduct electricity with.
Invaluable to high end electronics and computing.

 

[sixgun]

'Stirling' also comes to mind - what could that reference? Silver or pounds?

Silver is also the best element to conduct electricity with.
Invaluable to high end electronics and computing.

It's Sterling.
The Sterling was a silver coin in Saxon times - 240 Sterlings weighed a pound of silver.
Pre-decimal coins in the UK - as recent as 1971, there were 240 pennies in the pound.

The pre-decimal coinage that seems to make no sense all of a sudden starts to make sense when you trace it back to its honest money roots.

 

[SteveW]

The pre-decimal coinage that seems to make no sense all of a sudden starts to make sense when you trace it back to its honest money roots.

It makes sense if you know the history of money. Pre-decimal the accounting was L.s.d, with the Libra and denarius tracing their origin to the Roman system.

It was also easier to calculate the price of a gross of 3d widgets in pre-decimal money.

 

[The Moonshaft]

The properties of silver are amazing. Sometimes, though, they are no match for the properties of ordinary water, particularly in a place like Minnesota.

 

[The Moonshaft]

Full article here: https://www.thoughtco.com/interesting-silver-element-facts-603365

 

[CrypticMystic]

I think there is also something about silver's ability of light-refraction.
Because it is so amazing at refracting light it is commonly used in film.
It's the reason mirrors are made of silver as well.

 

[The Moonshaft]

I think there is also something about silver's ability of light-refraction.
Because it is so amazing at refracting light it is commonly used in film.
It's the reason mirrors are made of silver as well.

An enormous quantity of silver was used by photo film producers like Kodak, Agfa, Ilford and others during the heyday of film photography. As digital photography became dominant, silver consumption went down for photo applications. At the same time, though, silver use is expanding for electronics, solar panels, electric vehicles, medical applications and various industrial products.

 

[The Moonshaft]

Full article: https://www.silverinstitute.org/silver-brazing-soldering/

 

[The Moonshaft]

Illustration provided by Visual Capitalist

 

[The Moonshaft]

 

[The Moonshaft]

Information published at Geology.com

 

[El_Dorado]

Look at the dollar to silver ratio on the U.S. debt clock. The five year price of silver using the dollar to silver ratio is...... now sit down so you do not faint and let the drums roll: $1,562 per ounce. WOW and WOW

https://www.usdebtclock.org/

 

[CrypticMystic]

Look at the dollar to silver ratio on the U.S. debt clock. The five year price of silver using the dollar to silver ratio is...... now sit down so you do not faint and let the drums roll: $1,562 per ounce. WOW and WOW

https://www.usdebtclock.org/

It was higher 2 years ago. I have screenshots of that somewhere. (was 4k)

 

[El_Dorado]

It was higher 2 years ago. I have screenshots of that somewhere. (was 4k)

If you could find a price discussion of silver thread on this forum, could you post that please for all to see? I would like to comment more on my thoughts on what is going on with that debt clock and the price of gold and silver on that debt clock now. Thanks a quintillion !!!


El Dorado - A relentless seeker for the City of Gold

 

[SteveW]

If you could find a price discussion of silver thread on this forum, could you post that please for all to see?

I don't recall a thread on silver price only. Why don't you start one and maybe include GSR (gold-silver ratio) which has some interest here?

 

[Uchiki]

If you could find a price discussion of silver thread on this forum, could you post that please for all to see?

Some discussion in this thread (along with gold price), mainly from a technical point of view:

Technically speaking...

... prices (always) tend to backfill (and test) gaps... silver will test $20.90 - $ 20.99 short term. yes

forum.kinesis.money

If you're thoughts are non-technical, then as Steve suggested, feel free to start a new thread.

 

[El_Dorado]

I don't recall a thread on silver price only. Why don't you start one and maybe include GSR (gold-silver ratio) which has some interest here?

Yes, I will do that soon.... Thanks for the suggestion.

 

[CrypticMystic]

If you could find a price discussion of silver thread on this forum, could you post that please for all to see? I would like to comment more on my thoughts on what is going on with that debt clock and the price of gold and silver on that debt clock now. Thanks a quintillion !!!


El Dorado - A relentless seeker for the City of Gold

I have to check it on the weekend.
But there was a time a took a screenshot of the US debt clock 1 x a month.
So I have the data somewhere.