Silver has gone through many phases over the past 5,000 years making it the most dynamic of all precious metals as this infographic so clearly illustrates.
So says Jeff Desjardins (VisualCapitalist.com) as an introduction to the following infographic* as originally presented by Silver.com under the title The Silver Series: The Many Phases of Silver (Part 1 of 4).
- Because of silver’s natural properties which make it malleable, divisible, durable, consistent, and rare, many ancient civilizations used silver as money, including the Greeks, Romans, and Ottomans.
- Because of silver’s unique and impressive antibacterial properties that help it break down the cell walls of harmful bacteria people throughout history have used silver to prevent and combat illness.
- Because silver is also the most conductive metal, and one of the three most reflective metals (along with gold and aluminum, and depending on the wavelength of light) it is one of the most important industrial metals, with uses from photography to solar cells.
*http://www.visualcapitalist.com/silver-series-many-phases-silver-part-1-4/(Copyright © 2014 Visual Capitalist | All rights reserved.)
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Other Silver-Related Infographics:
Silver has a reputation for being gold’s less desirable sister, but make no mistake, silver may still be a golden opportunity to invest in. Silver’s use is already very prevalent in the photography, consumer electronics, medical, and high tech industries and a major consumer of silver in the future will be the green technology sector in products such as solar cells and batteries. Read More »
Silver has thousands of industrial uses and is considered a store of wealth by investors. The infographic below illustrates silver’s history as a currency in the past and as an essential component in industry and technology today.
Of the 1040.6 million troy oz of silver produced in 2011, 84% was used in over 10,000 modern industrial applications (16% used as an investment) of which approx. 33% was used in the traditional forms of fabrication such as jewelry, coins, medals, and silverware with the remaining 66% actually being consumed. While the actual amount is unknown, some experts believe as much as 90-95% of all the silver ever mined has been ‘lost’ to landfills. For this reason, there is likely less silver available above ground than gold (98% of all gold is accounted for today). For more interesting information regarding the supply of, and demand for, silver please refer to the infographic below.
Silver has had double digit gains in 7 of the last 10 years. In this infographic, we look at the investment properties of silver as well as its chief differences with gold. Highlights include a study on silver correlation, volatility, performance against the US Dollar and money supply, and portfolio diversification.
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