hey bright lightbulb-
Silver is a precious metal noted for its strength, malleability, ductility, electrical conductivity, high reflectance to light, and high resistance to temperature. The above unique properties account for the use of silver in various industrial applications.
Silver is the best conductor of electricity.
Double Pane thermal windows use invisible silver as coating due to high thermal resistance properties.
Silver is widely used in modern hi tech industries, medical applications, photography, bullions and coins, jewelry, medals and various commercial applications like batteries and bearings.
The use of silver for making high performance bearings which ensures safety in jet engines used by aircrafts is significant.
Many of the modern equipments like laptops, cell phones, microwave ovens all use silver.
Silver is also used in the process of electroplating
who cares whether you use a product? doesnt matter nowadays, as long as you can Ponzi it and sell it to the next guy, no fundamentals required in todays markets !
just say "in the future' to justify it
There is absolutely NO WAY silver should be this high. It is going up just on momentum. Just like any other commodity it will eventually crash. I will wait until the old 1980 high of about 50 bucks is taken out, then double down on my ZSL. I currently own a very small position so doubling down will be no big deal. Can't lose with this play, Can't Lose!!!!!!
Silver paste is used in 90 percent of all crystalline silicon photovoltaic cells, which are the most common type of solar cell.
Silver is used in another way to generate electricity by reflecting and concentrating solar energy onto collectors containing salts which are used to run generators.
And, if I melted down all the Silver from my computers, mobile phones, and cars then I could make myself a nice hat for protection ...
Do you think that the sudden "demand" for Silver has led to these remarkable gains ... do you really? Really?