Added: 1 year ago
From: GoldMoneyNews
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  • Hmmm, would I rather have a consumable, monetary precious metal in my portfolio or a paper currency that is being devalued by the government?

  • today gold silver ratio is 50 but historic is also only 47 so why should silver sky rocket vs gold ?

  • Platinum and palladium do not have better conductance than silver. Silver's the best, and the best reflector also. Also the best thermoconductor on the periodoc table.

    It is undervalued even today.

  • @bearcat648..All industrial electrical cables are copper that connect to even more copper, that feeds small wires made of....copper. Only small amounts are used for electronic applications, mostly solder. Which is a growing market due to the tech explosions in T.V, mp3, Ipad, and all that fun stuff. That said SILVER all the way!

  • Excellent points!

  • It's just a matter of time before the silver price suppression by the federal reserve, JP Morgan Chase and HSBC comes to a screeching halt. When this does occur, anyone holding physical silver is going to be glad they have it.  Silver is the new gold.

  • I'm not sure what he means about platinum & palladium as a necessary substitute for silver. Wouldn't copper be the obvious, though poorer, substitute for silver in the great majority of technical uses?

    Honest question.

  • @bearcat648

    I've heard that copper isnt a good substitue in many cases as it cant cope as well under certain temperatures. Also I believe that you would need to use more of it to get the conductivity so you'd have to build slightly bigger laptops, mobile phones, etc.

  • @bearcat648 no way. copper does not have the electrical conducting & reflective properties of silver. only very expensive metals like platinum & palladium has them.

  • Thanks for the information. It was nice to hear a calm person that knows his stuff put it across without all the crazy hype of some others. I hold physical silver, not as much as you i guess :), but everything is relative, so i am happy with my lot.

    Take care and thanks again.

  • In his thought experiment, he's right about silver. However, gold is electro-plated on parts within the same devices he spoke of, including computers. Open one up, look at the gold contacts with your own eyes. It's hard to see how NASA would exists without gold either, once you are aware of all the high tech uses, such as shielding astronauts from radiation. Nevertheless, silver is priced as a "poor" sub when it should be trading as a precious metal for high tech, medicine, currency...

  • @jgbloyd You have somewhat of a point. The problem is that Gold high tech uses you could ultimately find a substitute for it, and in most cases could be substituted with silver. However thats not so easy the other way around. Theres some items that are absolutely dependent on silver and nothing else. Lastly, precious metals are not precious because of the monetary economics, but where they sit on the periodic table and their special attributes that render them unique in all of nature.

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