It’s been widely used in jewellery and artefacts, but with the advent of the Camera in the 1820’s silver began to take on a different route from her big sister #gold, moving into industry with great diversity it’s now used in: electronics, medicine, Radio Frequency Identification (RFID) tags, passports, ID cards, solar energy, double pane thermal windows, optics and mirrors, dentistry, jewellery and of course currency to name a few. It even made an appearance in the The New Testament with Judas Iscariots betrayal of Jesus for 30 pieces of silver!
However despite its many guises it’s often referred to as poor mans gold. #Silver is not liked by some investors and as a consequence tends to be undervalued. But this dual path of both precious and industrial metal makes it a great two way bet, with economic growth, industrial demand rises and when demand falls, it makes a good #hedge fund. Being an ever rare metal, any #coin or #round struck in silver should always have a steady and intrinsic value in years to come.