Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)

Silver Investment Up and Other Silver News

  by    0   0

Silver investment in three major categories is up so far this year, according to a report highlighted in the latest edition of Silver News.

Silver held in ETFs hit an all-time high this year. Year-on-year through mid-August, 736.9 million ounces of metal were held in silver-backed ETFs. Meanwhile, global mint silver bullion coin sales rose 30% year-on-year through July.

There have also been Strong net-long positioning on COMEX, with net money-managed longs up over 60% since the start of this year.

The latest edition of Silver News also highlights some fascinating technological developments utilizing the white metal and other interesting news related to silver.

  • University of Vermont scientists claim to have produced the strongest silver ever — 42% stronger than the previous record — without losing silver’s high electrical conductivity.
  • For centuries, spies have written secret messages on slips of paper that they burned or sometimes swallowed to keep information from getting into enemy hands. Now, scientists at Xidian University in Xi’an, China, have used silver to offer a digital version in the form of a memristor — a device that stores information much like a human neural network — that can be dissolved by throwing it into water and erasing all the information it contains.
  • A 14-year old student at San Diego’s Mesa Verde Middle School is a finalist in the 3M Young Scientist Challenge with her invention of a spray-on bandage that uses silver particles instead of antibiotics.
  • Food storage containers with nanosilver bacterial protection imbedded into the material are not new, but a nanosilver-protected storage container made of food-grade silicone that can be heated in an oven, microwaved and stored in a freezer is new and is the focus of crowdfunder Kickstarter that has so far garnered more than a quarter-million dollars (US) in funding.
  • Using a silver catalyst to convert carbon dioxide, a byproduct of fossil-fuel combustion engines is an effective method for producing carbon monoxide, which is a feedstock for useful chemicals such as synthetic fuels and pharmaceuticals.
  • Silver-coated bandages are an often-used method to help heal difficult wounds such as diabetic skin ulcers. Scientists at Imbed Biosciences, the University of Wisconsin-Madison spinoff that makes and sells a silver-imbedded bandage known as MicroLyte, is taking it a step further by adding gallium, a chemical element, atomic symbol Ga, which they say enhances the covering’s ability to reduce biofilms on the wound that shield it from antibiotics including the silver itself.

Get Peter Schiff’s key gold headlines in your inbox every week – click here – for a free subscription to his exclusive weekly email updates.
Interested in learning how to buy gold and buy silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Related Posts

Powell Lectures Congress About Government Spending the Fed Facilitates

Fiscal 2020 started just like fiscal 2019 ended – with a massive federal budget deficit. And that has Federal Reserve Chairman Jerome Powell worried. In an ironic bit of political theater, Powell lectured Congress about the spending he helps facilitate. The budget shortfall last month was 34% higher than the October 2018 deficit, coming in […]

READ MORE →

This Is Not a Printing Press! (Or Is It?)

Rene Magritte’s 1929 painting “The Treachery of Images,” depicts a tobacco pipe with a caption that reads “Ceci n’est pas une pipe,” (French for “This is not a pipe”). Everyone who has taken a course in modern art knows that Magritte’s exercise in contradiction was meant to draw a distinction between a real thing and […]

READ MORE →

Perception Is Reality for Consumer Spending

By: Spencer Schiff (@SchiffSpencer) The recession narrative is suddenly catching on. That could spell major trouble for consumer spending and our economy as a whole. Following the recent 2s10s inversion and subsequent stock market volatility, countless prominent news outlets have been reporting on the possibility of an impending economic downturn. The number of articles mentioning […]

READ MORE →

Fully Revised and Updated: “Why Buy Gold Now?” Special Report

American households lost roughly $16 trillion in net worth during the Great Recession. Could it happen again? Yes. In fact, we think it almost certainly will.

READ MORE →

How the Fed Wrecks the Economy Over and Over Again

When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit President Trump’s tax cuts for the seemingly booming economy and surging stock markets. Meanwhile, Democrats blame “deregulation” for the 2008 financial crisis. While government policies do have an impact on the direction of the […]

READ MORE →

Comments are closed.

Call Now