I really like this brief, but informative info graphic about silver. Jewelry is spelled very wrong at the bottom, but it’s still a great creation nonetheless.
This definitely looks like something that I would have done in my earlier days. I honestly don’t know if it’s worth the time based on how much gold or silver you would get out of the machine.
My real question is, how many different computers would one have to strip in order to get about an ounce of silver?
On a side note, there are many comments that make me realize that people are really experts at this kind of thing. So metals recovery is an actual THING?
Did you know that silver is used for more than just jewelry? Check out some of the additional value this beautiful metal provides.
The fact that silver makes as a great heat conductor gives it a unique quality that can be used in many different ways. One of its most important uses is in technology. While not particularly a necessity, silver may be used in computers, cell phones, tablets, and even video game systems. The first time I found out that my old Super Nintendo may contain silver, I actually disassembled it and searched for what I thought would be enough silver to make a small profit… But I digress.
So as you can see, silver is literally a hot commodity… See what I did there? Nevermind. But just like any other commodity, such as fruit or oil, The price is directly affected by supply and demand.
Another aspect over looked when it comes to silver is the effect the price has on its desirability. Some people believe that when the price drops dramatically, it’s time to sell. Others choose to buy more during the decline in price. Historically, precious metals have always maintained their purchasing power in comparison to paper currency.
In closing, precious metals, silver in particular will always be extremely valuable despite its occasional drop in price. Its simply used in so many ways that it will FOREVER be in demand. Therefore it makes sense to stock up when the price drops. That way, not only can you get a cheaper price on your metals, you can also search for someone that has lower premiums on their silver products. Finding lower premiums is a difficult task within itself, but there are some precious metals dealers out there that still have them so don’t lose hope and do your homework.
First off, I will not try and school everyone about the ins and outs of silver all in on day… or week… or month for that matter. This takes time — a lot of time. Like my brother in law says, “Imma learn ya,” but it will definitely take a little bit of time. Until then, enjoy the many facts, blurbs and information on my absolute favorite item in the world, SILVER!!!