SILVER PRICE EXPLOSION COMING!: Adrian Douglas
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I have no idea if it's true I was just commenting on what this guy says in the video. I do believe that Silver will rise but at the same time I believe it's highly manipulated. I once heard the phrase "Silver is for speculation, Gold is for wealth preservation" I don't think that statement is too far from the truth.
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CoinManHerb in reply to Waz ramzi (Show the comment) 1 day ago in playlist www.thecoinmanherb.com
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oh please i doubt it, if this is true than prices should have hit the 200 dollar mark years ago
Waz ramzi in reply to CoinManHerb (Show the comment) 1 day ago
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yet we are talking about relative to silver and other metals which i think you are forgetting...gold is used in trace amounts yet other metals are used quite alot
Waz ramzi in reply to DJIndy (Show the comment) 1 day ago
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I retract the part about window glass using gold. I double checked and I find no evidence of this, so I am mistaken on that point. Everything else still stands.
DJIndy in reply to DJIndy (Show the comment) 1 day ago
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Except that it's uses are not so limited to niche markets. Most cell phones (and I do not mean just smart phones) have some amount of gold in them. Most modern WINDOWS people have in their houses have trace amounts of gold. Any red colored glass you see uses gold for the red coloring. Many computer processors and some other components have gold (and platinum) in them. I've used home A/V equipment with gold tips.
And regardless, the uses make the statement that it has NO industrial use false.
DJIndy in reply to Waz ramzi (Show the comment) 1 day ago
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well gold as you have said can be used for many purposes, but its price and rarity make it almost unfeasible, industries that may use gold such as NASA and high quality industrial tools makers are so expensive its almost a niche product..gold can never compete with silver and other metals in the mainstream markets
Waz ramzi in reply to DJIndy (Show the comment) 2 days ago
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But that's not an acceptable reason to ignore gold's industrial uses when gold IS used for the industrial uses I listed and more, and is commonly used. Also, for many purposes gold is considered superior to other metals like silver, copper and lead, which is one reason it IS used so much despite the high price.
In other words, it is absolutely wrong that gold has no industrial use.
DJIndy in reply to Waz ramzi (Show the comment) 2 days ago
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because even with those uses, other metals such as silver and copper or lead can perform as good with 1 tenth or hundredth of the price
Waz ramzi in reply to DJIndy (Show the comment) 3 days ago
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Is Silver the first metal to become extinct on the periodic table? Interesting comentary at 1:45 I guessI'll keep stacking until it runs out in 2020.
CoinManHerb 5 days ago in playlist www.thecoinmanherb.com
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Gold has an industrial use. It has a lot actually. It is extremely useful in electronics and it IS used in electronics in small amounts. That's why a lot of people now strip down electronics like cell phones and computer processors for their gold. You'll also find gold in some high end A/V connections. It can also be used as a solder compound in replacement of lead (though lead solder is actually much better).
Why does everyone keep saying gold has no industrial use?
DJIndy 3 weeks ago
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