Since the dawn of civilization, silver has flexed its value in currency, jewelry, silverware, cultural and religious artifacts, trophies, musical instruments, and much more. Here are a few properties that make silver so useful and unique:
This article was first posted on Vaulted.com.
- Electric Conductivity: Electric current flows through it efficiently
- Thermal Conductivity: Heat energy can be quickly transferred through it
- Reflectivity: It reflects, or “bounces back,” a significant portion of incident light (This is why when asked, “What color is a mirror?” you might answer, “Silver!” although this is not entirely accurate.)
- Antimicrobial: It inhibits the growth of bacteria, viruses, and other pathogens, helping to prevent infections and disease
Powering Connectivity
- Over 50% of global silver consumption is attributed to the electronics sector, where it is used to manufacture printed circuit boards, semiconductors, and electrical contacts. (“Electrical contact” refers to the point of physical connection between two conductive materials. Silver enables electrons to flow from one material to the other in an electrical circuit. Its conductivity ensures minimal loss of energy during transmission, thus making our devices more efficient and reliable.)
- Silver oxide and silver-zinc batteries are used in devices such as hearing aids and watches.
Harnessing Clean Energy
- Electric vehicles are poised to take the place of gas-powered vehicles…and EVs use lithium-ion batteries…that depend heavily on silver for its electric and thermal conductivity.
- In addition, silver’s reflective properties have also found a niche in the rapidly growing solar energy sector, particularly in the production of photovoltaic cells. Solar panels use silver to help distribute electrical currents generated by sunlight.
With the increasing shift toward electric vehicles and renewable energy, the demand for silver is on the rise.
Driving Blockchain Technology
…No matter what industry employs the secure record-keeping technology of blockchain, blockchain relies on computers which need silver for their chips, circuit boards, and keyboard membranes. In 2022, the global blockchain technology market was valued at $10.02 billion, and that’s just the beginning. Blockchain is expected to grow at an annual rate of more than 87% from 2023 to 2030.
Protecting and Healing
- …Silver ions puncture the cell membranes of bacteria and bind to enzymes, proteins, and DNA within the cell, disrupting essential functions and leading to bacterial death.
- Next, the dead cell collects reservoirs of silver nanoparticles which then leach out into the environment, making contact with other bacteria and repeating the process….
- In addition, silver is effective against antibiotic-resistant bacteria such as MRSA (Methicillin-resistant Staphylococcus aureus). Hospitals are fighting it by using silver-imbedded surgical tools, needles, stethoscopes, furniture, door handles, furniture, linens, and even paper files.
Now Is the Time to Invest in Silver
Silver always has been – and always will be – one of the most important metals in the world. As silver demand increases for technology and industrial applications, its value will follow. The earth’s supply of silver is finite. Unlike fiat currency, you cannot simply print more silver coins.
Start Investing With Vaulted Silver
Vaulted silver is the easiest entry point to owning a piece of the future.
- You will be allocated serial-numbered silver bars to your account,
- Your bars will be safely stored in our HSBC London vault.
- The premiums for physical silver are just 2% over our wholesale cost — 10 times less than what you might pay through a traditional precious metals dealer.
- Here is all you need to do:
- Set up a Vaulted account (go here)
- Login
- Link a bank account or send a wire transfer to fund your account
- Invest in gold or silver with the tap of a finger!