Is Silver the next Great Investment? When I first wrote this in 2013, the price of silver had an average daily close of $23.79. On October 17, 2020 it is now $19.69. Since that time the national debt has soared by about $10 trillion with another stimulus package in the works. The total debt to GDP ratio has also soared from 102.39% in 2012 to 154.65% (10.17/20) Silver has the highest electrical and thermal conductivity of any metal, very ductile and malleable. Silver has been used for making currency coins, extensively in electronic products, and as a catalyst for chemical reactions. Long valued as a precious metal, silver continues to be used to make ornaments, jewelry, high-value tableware, and utensils such as silverware. Today, silver metal is used in electrical contacts/conductors, and in mirrors. Its compounds are used in photographic film, and dilute silver nitrate solutions/other silver compounds are used as disinfectants and microbiocides. Antibio...
Blog debating the principles of the United States Constitution and the path back to the free market.