9/26/2009 @ 7:34:15 pm by icoincollect.com

Is Silver Better than Gold?

Silver and Gold have always been looked at as a rich man's accessory. Yet is one better than the other? Many people think that gold is better than silver but that is only because a few years ago gold was more valuable than silver. Both are great, but gold is worth more. Silver can be used for more than one cause where as gold can only be used for wants more than needs. Even though technically gold has more value, it is not in high demand.

Silver has a very large demand by industry right now. The only place where demand is high for gold is in the jewelry business but silvers demand is in almost all utilities. Gold actually sells for 50 times the price of what silver sells, but because it is not needed, silver has a higher market in these times. Another reason silver is great is because it is the best conductor of electricity. When there is a computer, server, monitor or even a cell phone around, silver is required to keep them working.

All digital technology and telecommunications rely on silver. Even the simple things like the television, washing machine, and a refrigerator need silver to run the best that they can. Even though gold is worth more it is not selling as much as silver is because silver is a necessity and in high demand around the world. Gold is only selling in one market where as silver is selling in many different markets and corporations.

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