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Well if you think you know more than him, or if you aren't interested in hearing other people's opinions; don't watch it.
You trade on what you believe will happen and I will trade on what I believe will happen.
I'm indifferent to what you trade.
I'm interested whether you thought gold (primarily) and now silver were advancing on the thesis of inflation or something else. I have my answer.
jog on
duc
You asked the questions; I gave you the answers and found others who are informed that support my view/opinion.
Short answer is most definitely yes. The market is pricing in severe inflationary pressure; which is why we are seeing rise in precious metals.
Since you have watched it, you could provide me with an an accurate summary. I don't have time to watch endless videos.
jog on
duc
Then the market could well be wrong, which is why silver still has not confirmed the thesis.
jog on
duc
Isn't gold the best electrical conductor?
The USD isn't going to collapse chronos. In fact, it's going to be even more of a safe haven in 2030 than it already has been. It's just getting a bit of a kick in the nuts at the moment thanks to the virus. This will pass.
Here is the metal table that you are after, silver is the GOD METAL for electricity:
The most electrically conductive element is silver, followed by copper and gold. Although it is the best conductor, copper and gold are used more often in electrical applications because copper is less expensive and gold has a much higher corrosion resistance. Because silver tarnishes, it is less desirable for high frequencies because the exterior surface becomes less conductive.
Because of cost, the use of silver in electrical and electronic components is restricted to specialty components; the use of silver wire as a conductor is rare. You can find silver in some high-quality types of electronic solder, as it makes a better electrical connection than more common tin-lead or bismuth alloys. Silver-based inks are used to print antennas on circuit boards. Although gold’s conductivity is not as high as silver’s, it does not form oxide or sulfide tarnishes that interfere with a good electrical connection; for this reason, many electrical connectors use a microscopically thin layer of gold to ensure that electrical contacts stay clean and reliable over long periods of time.
Yeah I was going to ask why I'd seen gold connectors for stuff and not silver. Corrosion. Makes sense.
Err; silver doesn't corrode. That is why it is called a noble metal
All metals, apart from pure gold, will corrode naturally when exposed to certain chemicals which can be present in air. High relative humidity, moisture, and air pollutants are common causes of corrosion in metals, including silver. Silver is known in the chemistry world as a noble metal which means it is resistant to corrosion, but not completely. Whether silver plating or pure silver, the composite of the metal will tarnish when exposed to air and sulfur.
All metals, apart from pure gold, will corrode naturally when exposed to certain chemicals which can be present in air. High relative humidity, moisture, and air pollutants are common causes of corrosion in metals, including silver. Silver is known in the chemistry world as a noble metal which means it is resistant to corrosion, but not completely. Whether silver plating or pure silver, the composite of the metal will tarnish when exposed to air and sulfur. Because silver tarnishes, it is less desirable for high frequencies because the exterior surface becomes less conductive
I'm lost. What are duc and C-P arguing about?
gg
Around 36 million ounces of silver are currently used in ICE cars each year. The uses include, multiple circuit boards, window demisters, some connections etc. The use of silver in cars will not change significantly for electric vehicles. Silver will never replace copper for the main wiring simply due to cost issues. Any increase in conductivity is not worth the additional cost of using silver for wiring.
Apologies to Duc for hijacking the thread and getting way off topic. Happy to discuss elsewhere but will not comment again here.
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