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As a non informed investor I must say that the arguments put forward by WSB are very convincing. On top of that I wonder, what's the use for silver apart jewel
by ghego1 6y ago
As a non informed investor I must say that the arguments put forward by WSB are very convincing.
On top of that I wonder, what's the use for silver apart jewelry and that sort of luxury stuff?
I genuinely don't know, but if silver is only good for those things, I'm convinced that it will drop more and more. It is no longer so fancy to have silver stuff and it has maintenance costs (cleaning, storing, etc.) that are not worth it IMHO.
On the other hand, gold is known for it's unique properties, so, besides jewelry, it has tons of applications. Which justifies its relevance in modern societies and, as a store of value, makes a lot more sense.
- mbg721 6y agoIt does have some medical uses (although I doubt you need very much of it for those). There was that one political candidate (from NM?) who managed to use colloidal silver to dye himself blue in anticipation of Y2K.
- dariusj18 6y agoApparently it is used a lot in electronics https://geology.com/articles/uses-of-silver/ https://geology.com/articles/uses-of-silver/
- deleted 6y ago[deleted]