Why you should stop selling your shares and ask for a higherBe long as this will, at one point get traction ... Dyodd
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Here are some of the facts and fundamentals I’ve found regarding Silver:
- Silver is a precious metal grouped with the likes of Gold and Platinum
- Silver has the highest electrical conductivity of any element
- Silver has the highest thermal conductivity of any element
- Silver has the highest reflectivity of any metal
- Silver is rare, with a naturally occurring “abundance in the earth’s crust” at just .075 ppm…whereas Gold occurs at .004 ppm (roughly a 19 to 1 ratio). Aluminum occurs at 82,300 ppm as a reference
- Silver production was 870 million ounces in 2013 vs. Gold production at 107 million ounces, an 8 to 1 ratio.
- Silver demand hit a record high of 1,081 million ounces in 2013
- Silver uses include Electronics, medical applications, water purification, batteries, solar technology, industrial catalysts, nanotechnology and photography. It’s incredible just how critical this precious metal is to industry.