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<p>[QUOTE=&quot;maryjohnson, post: 1470759, member: 38670&quot;]<span style="color: #000000"><font face="sans-serif">like other </font></span><a href="http://en.wikipedia.org/wiki/Precious_metal" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Precious_metal" rel="nofollow">precious metals</a><span style="color: #000000"><font face="sans-serif">, may be used as an </font></span><a href="http://en.wikipedia.org/wiki/Investment" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Investment" rel="nofollow">investment</a><span style="color: #000000"><font face="sans-serif">. For more than four thousand years, silver has been regarded as a form of </font></span><a href="http://en.wikipedia.org/wiki/Money" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Money" rel="nofollow">money</a><span style="color: #000000"><font face="sans-serif"> and </font></span><a href="http://en.wikipedia.org/wiki/Store_of_value" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Store_of_value" rel="nofollow">store of value</a><span style="color: #000000"><font face="sans-serif">. However, since the end of the </font></span><a href="http://en.wikipedia.org/wiki/Silver_standard" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Silver_standard" rel="nofollow">silver standard</a><span style="color: #000000"><font face="sans-serif">, silver has lost its role as a popular </font></span><a href="http://en.wikipedia.org/wiki/Legal_tender" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Legal_tender" rel="nofollow">legal tender</a><span style="color: #000000"><font face="sans-serif"> in many</font></span><a href="http://en.wikipedia.org/wiki/Developed_country" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Developed_country" rel="nofollow">developed countries</a><span style="color: #000000"><font face="sans-serif"> such as the </font></span><a href="http://en.wikipedia.org/wiki/United_States" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/United_States" rel="nofollow">United States</a><span style="color: #000000"><font face="sans-serif">. In 2009, the main demand for silver was for industrial applications (40%), </font></span><a href="http://en.wikipedia.org/wiki/Jewellery" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Jewellery" rel="nofollow">jewellery</a><span style="color: #000000"><font face="sans-serif">,</font></span><a href="http://en.wikipedia.org/wiki/Bullion_coin" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Bullion_coin" rel="nofollow">bullion coins</a><span style="color: #000000"><font face="sans-serif"> and </font></span><a href="http://en.wikipedia.org/wiki/Silver_exchange-traded_product" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Silver_exchange-traded_product" rel="nofollow">exchange-traded products</a><span style="color: #000000"><font face="sans-serif">.</font></span>[SUP]<a href="http://en.wikipedia.org/wiki/Silver_as_an_investment#cite_note-0" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Silver_as_an_investment#cite_note-0" rel="nofollow">[1]</a>[/SUP][SUP]<a href="http://en.wikipedia.org/wiki/Silver_as_an_investment#cite_note-1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Silver_as_an_investment#cite_note-1" rel="nofollow">[2]</a>[/SUP]<span style="color: #000000"><font face="sans-serif"> Millions of ounces of </font></span><a href="http://en.wikipedia.org/wiki/Canadian_Silver_Maple_Leaf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Canadian_Silver_Maple_Leaf" rel="nofollow">Canadian Silver Maple Leaf</a><span style="color: #000000"><font face="sans-serif"> coins and </font></span><a href="http://en.wikipedia.org/wiki/American_Silver_Eagle" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/American_Silver_Eagle" rel="nofollow">American Silver Eagle</a><span style="color: #000000"><font face="sans-serif"> are purchased as investments each year. The silver maple leaf is legal tender, at 5$ per ounce, and there are many other silver coins with higher legal tender values. There are some Canadian silver $20 dollar coins. Silver is legal tender in </font></span><a href="http://en.wikipedia.org/wiki/Utah" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Utah" rel="nofollow">Utah</a><span style="color: #000000"><font face="sans-serif">, and can be used to pay all debts.</font></span>[/QUOTE]</p><p><br /></p>

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