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<p>[QUOTE=&quot;tommybee, post: 933381, member: 24999&quot;]&quot;Regarding the industrial use of silver, gold also has industrial uses, as do platinum, palladium and other exotic PMs. People often cite this about silver but don&#039;t realize that investment in the metal itself may not really be the ideal form of investment based on silver&#039;s industrial uses. It would be prudent to investigate companies that create products, technologies, bio-tech/nano-tech and pharmaceutical products for instance that use chemical forms of silver and perhaps invest in company stock rather than physical metals to take advantage of some of silver&#039;s industrial uses and potential investment profit if successful. &quot;</p><p>&nbsp;</p><p>Read more: <a href="http://www.cointalk.com/t116015/#post933375#ixzz0sArJv92D" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t116015/#post933375#ixzz0sArJv92D">http://www.cointalk.com/t116015/#post933375#ixzz0sArJv92D</a></p><p>&nbsp;</p><p>&nbsp;</p><p>It is true that other metals have industrial uses. It is also true that you can invest in companies that develop technology that has silver applications. </p><p>&nbsp;</p><p>However, if you are buying PM as a store of wealth/hedge against inflation, why would you buy stocks?&nbsp; By doing so, you are still a slave to the fiat currency that drives most into PM in the first place.</p><p>&nbsp;</p><p>Plus, many of the ETF&#039;s selling PM are just moving paper around. It is the PM variant of fractional reserve banking. If you don&#039;t hold it, you don&#039;t own it.[/QUOTE]</p><p><br /></p>

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