How Silver Is Used in Industrial and Manufacturing Processes
Silver is used more in industrial and manufacturing processes than any other precious metal. That means that silver is, and will remain, a great metal to invest in.
In today’s post, we will explore how silver is used in a variety of manufacturing processes. But before we do, we should state that silver is used in two different ways in manufacturing:
A Surefire Plan to Make a Lot of Money by Investing in Precious Metals
Many precious metal investors believe that they will make a lot of money if they look for “one big win” in their investing. They will find one batch of gold scrap, platinum scrap or even silver scrap, make a lot of money from it, and then they will be set for life.
Of course, that does happen. (We could tell you stories about times when it has.) But looking for one big high-paying batch of metal is not the most effective way to spend years investing and ending up with a large sum of money from investments.
Silver, Silver Everywhere!
We’d like to start this post by reminding our readers that silver is a precious metal.
You knew that already, of course, but have you forgotten that you can make a lot of money by recycling silver? If you have, it’s probably because silver is trading at such low prices compared to gold, platinum, rhodium and silver’s other precious brothers and sisters. Silver is not very glamorous.
You’re Not Tossing Used Sputtering Targets from Plating Processes, Are You?
We’ve written about sputtering targets in the past, but a few recent calls made us think that this would be a good time to remind our readers that most used sputtering targets still contain precious metals that are worth extracting.