Silver Rarer then Gold?

MG Sapphire Peon

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#1

I've seen some videos on youtube about it and I've also heard from a friend in China their mother is buying up silver left and right because it's all over their news. Paper money isn't real currency because anyone can create it, but it takes effort to mine up gold and silver out of the ground.

MG Sapphire, Jul 9, 2011 IP

Seqqa Well-Known Member

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#2

Yeah because sliver is used in electronics and gold is just a luxury metal, not a necessity. Like lithium for use in batteries etc.

Seqqa, Jul 9, 2011 IP

digitalpoint Overlord of no one Staff

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#3

Seqqa said: ↑

Yeah because sliver is used in electronics and gold is just a luxury metal, not a necessity.
Click to expand...

Who told you that?

http://geology.com/minerals/gold/uses-of-gold.shtml

The most important industrial use of gold is in the manufacture of electronics. Solid state electronic devices use very low voltages and currents which are easily interrupted by corrosion or tarnish at the contact points. Gold is the highly efficient conductor that can carry these tiny currents and remain free of corrosion. Electronic components made with gold are highly reliable. Gold is used in connectors, switch and relay contacts, soldered joints, connecting wires and connection strips.

A small amount of gold is used in almost every sophisticated electronic device. This includes: cell phones, calculators, personal digital assistants, global positioning system units and other small electronic devices. Most large electronic appliances such as television sets also contain gold.

One challenge with the use of gold in very small quantities in very small devices is loss of the metal from society. Nearly one billion cell phones are produced each year and most of them contain about fifty cents worth of gold. Their average lifetime is under two years and very few are currently recycled. Although the amount of gold is small in each device, their enormous numbers translate into a lot of unrecycled gold.

Gold is used in many places in the standard desktop or laptop computer. The rapid and accurate transmission of digital information through the computer and from one component to another requires an efficient and reliable conductor. Gold meets these requirements better than any other metal. The importance of high quality and reliable performance justifies the high cost.

Edge connectors used to mount microprocessor and memory chips onto the motherboard and the plug-and-socket connectors used to attach cables all contain gold. The gold in these components is generally electroplated onto other metals and alloyed with small amounts of nickel or cobalt to increase durability.
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digitalpoint, Jul 9, 2011 IP

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Silver Rarer then Gold?

MG Sapphire Peon

Seqqa Well-Known Member

digitalpoint Overlord of no one Staff

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