The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Today silver is invaluable to solder and brazing alloys, batteries, dentistry, glass coatings, LED chips, medicine, nuclear reactors, photography, photovoltaic (or solar) energy, RFID chips (for tracking parcels or shipments worldwide), semiconductors, touch screens, water purification, wood preservatives and many other industrial uses. Washington-based industry group the Silver Institute calls it "the indispensable metal".
The biggest consumers of silver for industrial applications this past decade have been the US, Canada, China, India, Japan, South Korea, Germany and Russia. Over that time silver demand from older industries has faded, only to be replaced by new technological uses.
Ive mentioned it before but its got kind of ignored. The silver is the bonus icing on the cake. If it can reach any where near the $100 dollar mark as speculated by the pro investors in America then is a brucey bonus time :)
Good Evening Everyone,
We all know the value of gold to SGZ and what it is used for.
However, very little has been said about the value of silver to SGZ. It's used in a wide variety of industries.
We all own something electrical with a piece of silver in it.
Jewelry and Silverware.
Photography.
Antibacterial.
Coins, Rounds and Bullion.
Silver could be a valuable additional source of income to SGZ.
Carliol
Next USA stimulus package is goingto be around 2.2 trillion That is 10% of their total official debt UK EU China is spending like money is going out of fashion . (All due to virus so deadly that you have to check if you have it ).
Hi All,
Price of gold just hit $1900.00 an oz. Let's see what tomorrow brings.
Also the price of silver is on the up. Current price is $24.21 an oz.
We shouldn't underestimate the value of silver to SGZ. It's going to be a nice, not so little, earner to SGZ.
https://www.bullionvault.com/gold-price/gold-price-uk
Carliol
Only $2.15 to go just now!
I bet that price of gold will be way over 1900 tomorrow.