Tuesday, November 24, 2009

The Silver Lining

Well, while element Au is on a tear, everybody seems to have neglected Au's brother, Ag. Yes, Silver seems to have fallen behind quite a bit in this latest precious metals bull run.

Why Silver? Well, Silver has much more industrial applications than Gold. For example, your IPhone has it. Moreover, Ag is often found and mined in gold mines or other industrial metal's mines. As we hit "Peak Gold", we might hit "Peak Silver" as well due to the collapse in Gold mining.

So, what's going to replace silver? We must be able to find some Silver substitute, right?

Sorry, silver is unique with its anti-bacterial properties and it's not easy to find another metal to serve this function.

Worse yet, as fresh water is getting harder and harder to find in populous areas on Earth. Water purification has become a major industrial need in the future.

So? Silver is used in water purification my dear!

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I am going on a vocation to the beautiful north known as Korea.

And I might have signed up to some freelance consulting work.

So see you in like a week or so!

Ciao
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