Life is like a camera ~~~
Focus on what's important....
Capture the good times....
Develop from the negatives...
And if things don't work out,
Take another shot ~~~~

Sunday, October 31, 2010

The demand of SILVER


From my previous post, i had explain why the silver is the next stop of investment. For details, i did a little research and summarize into basic explanation. The silver material have been used by human a long time ago and yet are still demanding even in the modern world. Below are the major demand of silver that used in large quantities in our community.

1. SILVER for electricity industry


The industry of silver become important needs since the existing of electrical source. The people who invented the electricity was Sir Benjamin Franklin. Nowadays, the silver become the largest demand because the material is perfect for electricity conductor. Moreover, silver used in so many electrical applications, including switches, contacts, and fuses.

2. SILVER for health care industry


Silver also used in the health care industry such as the medical equipment. Did you know that several of medical item use only once for one patient? Besides that, the chemical of silver sulfadiazine is believe to use to cure burns and sometimes for tooth fillings. The more hospitality, the more silver are needed for medical purposes.

3. SILVER for photography


One of the large use of silver is photographic paper and film. How the silver is related with the film? Pure silver are combine with nitric acid, HNO3 to create silver nitrate in crystal form. Later, the gelatin mix with silver nitrate to make coating emulsion. The emulsion are layer onto plastic base with 3 base color which are red, blue and green. After that, the film and photographic paper are produced. 1 oz silver is able to produce 5000 color photographs.

4. SILVER for jewelry



The high demand of silver will be a jewelry items. The silver become precious metal because the lower price than gold. In Europe, people prefer white gold known as silver than gold. Most people are love to buy silver jewelry because the color and shiny of surface are match with every color of clothes. In addition, the global reserve of silver is higher than gold which makes the silver demanding for jewelry industry.

source: www.silvermonthly.com

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