Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
How much silver is left in the ground?
>
Reply to Thread
Message:
<p>[QUOTE="InfleXion, post: 1432244, member: 29012"]The question to answer your question is this. What's more important, having a fast computer processor or a fast light bulb? Nobody cares if they flip a switch and it takes a microsecond longer for the light to come on, but when you are relying on computing speeds that is where silver earns its keep. If there are situations where high end electrical current is needed, but silver is not being used, then I don't know the answer other than maybe they are cutting corners or prefer being thrifty over having better performance. I mean, you're paying over 100x the value for silver vs. copper. If silver does not perform 100 times better then is it really worth using it for huge wiring cables as compared to tiny electrical circuits on a microchip.</p><p><br /></p><p>Elsewhere in this thread it's been pointed out that silver use is miniscule in these technological applications, but I don't think the number of applications has been accurately represented. Here is an off the cuff list: cell phones, tablets, laptops, desktop computers, monitors, robotics, RFID chips, all other chips used in your microwave, oven, car, truck, airplane, coffee maker, refrigerator, alarm clock, any appliance or machinery you can think of that has any form of digitization. This doesn't even take into account the growing solar demand, or the limitless applications of nano-silver that I won't even attempt to list. Ultimately investment demand is the wildcard in this scenario and it has been growing more rapidly than industrial demand.</p><p><br /></p><p>Sure, many of silver's applications can be replaced by copper if there's not a need on the high end, especially for antibacterial qualities (again, less effective however), but there will always be demand for high end items for as long as people can afford to pay for it, especially by universities, corporations, and governments which all have big wallets compared to your average consumer, and maybe more importantly, a greater need for quality. Silver may not be as indispensible as I often think it is, but there is no equivalent substitute on its level of performance.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1432244, member: 29012"]The question to answer your question is this. What's more important, having a fast computer processor or a fast light bulb? Nobody cares if they flip a switch and it takes a microsecond longer for the light to come on, but when you are relying on computing speeds that is where silver earns its keep. If there are situations where high end electrical current is needed, but silver is not being used, then I don't know the answer other than maybe they are cutting corners or prefer being thrifty over having better performance. I mean, you're paying over 100x the value for silver vs. copper. If silver does not perform 100 times better then is it really worth using it for huge wiring cables as compared to tiny electrical circuits on a microchip. Elsewhere in this thread it's been pointed out that silver use is miniscule in these technological applications, but I don't think the number of applications has been accurately represented. Here is an off the cuff list: cell phones, tablets, laptops, desktop computers, monitors, robotics, RFID chips, all other chips used in your microwave, oven, car, truck, airplane, coffee maker, refrigerator, alarm clock, any appliance or machinery you can think of that has any form of digitization. This doesn't even take into account the growing solar demand, or the limitless applications of nano-silver that I won't even attempt to list. Ultimately investment demand is the wildcard in this scenario and it has been growing more rapidly than industrial demand. Sure, many of silver's applications can be replaced by copper if there's not a need on the high end, especially for antibacterial qualities (again, less effective however), but there will always be demand for high end items for as long as people can afford to pay for it, especially by universities, corporations, and governments which all have big wallets compared to your average consumer, and maybe more importantly, a greater need for quality. Silver may not be as indispensible as I often think it is, but there is no equivalent substitute on its level of performance.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
How much silver is left in the ground?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...