Not only does silver carry the same wealth preservation properties as gold, it’s also used heavily in a mind-boggling variety of products.
Coinage, photography, jewelry, silverware, batteries, bearings, brazing and soldering, catalysts, electronics, mirrors and coatings, solar energy, water purification, even medical applications… the list goes on.
But why silver?
What makes this white metal so indispensible to the world?
You see, silver’s unique properties include its strength, its malleability (workable) and ductility (changes form without breaking), its electrical and thermal conductivity, its sensitivity to and high reflectance of light, and its ability to endure extreme temperature ranges.
And because of these unique properties, it is extremely difficult to find a suitable substitute for most uses.
Take medical applications for example.
The silver ion (AG+) is bioactive and in sufficient concentration can kill bacteria. It works by blocking a bacteria cell’s ability to form the chemical bonds it needs to survive. So in the presence of silver, bacteria literally fall apart.
It’s no wonder why the metal has become one of the most effective antibiotics ever discovered.
The metal is used in wound dressings to treat external infection. It’s used as a biocide in hospitals and other health care facilities. There’s silver imbedded in equipment like surgical tools, catheters, needles, stethoscopes, door handles, you name it.
You’re even beginning to see established companies incorporate silver based products into clothing, refrigerators, mobile phones, computers, washing machines, vacuum cleaners, keyboards, countertops, furniture handles, and more.
Let’s see gold do that.
With the growing number of important applications for silver, it’s easy to see why industrial demand for the metal will remain strong for many years to come.
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