By Tim Maverick
Wall Street Daily
Unlike gold — where 75% of what’s mined annually is used for jewelry — silver is mostly used for industrial purposes.
Indeed, 75% of the silver that’s mined annually is used for industry. It’s not surprising, given silver’s electrical and thermal conductivity, as well as corrosion resistance.
And when you take a closer look, you can see that a rapidly growing number of industries — from electronics to medicine — are taking advantage of silver’s unique properties. Indeed, silver can now be found in our smartphones, TVs, laptops, automobiles — even the Pentagon’s C17s and Apache helicopters.