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<p>[QUOTE="desertgem, post: 4244227, member: 15199"]About 350 tons of gold are used for such per year worldwide, with about 15-20 % recycled gold. About 8000 tons of silver is used and very little recycled so industrial use should make silver more valuable. </p><p><br /></p><p>And yes you are correct about intrinsic value, but maybe that is usually through indoctrination by society that makes it so valuable, rather than a self realization. All of us grew up with Uncle Scrooge McDuck or similar folklore so we do. As electronic "cash" increases among the younger generation, it might change.IMO, Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 4244227, member: 15199"]About 350 tons of gold are used for such per year worldwide, with about 15-20 % recycled gold. About 8000 tons of silver is used and very little recycled so industrial use should make silver more valuable. And yes you are correct about intrinsic value, but maybe that is usually through indoctrination by society that makes it so valuable, rather than a self realization. All of us grew up with Uncle Scrooge McDuck or similar folklore so we do. As electronic "cash" increases among the younger generation, it might change.IMO, Jim[/QUOTE]
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