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Hi Ho Silver!

With all of the hype around the impending Bear Market, I thought I’d share this info from my Money & Markets Investments Center. 

In a Good Year for Gold, This “Other” Metal Will Do Even Better

In case you haven’t guessed, I’m talking — of course — about the “other” precious metal, silver. In a good year for gold, especially with the cycle we’ve just locked into right now, silver can give you even greater gains… driven by the same precise megatrends

Because many other forces drive the price of silver, specifically, even beyond those driving megatrends the white metal shares with gold.

Just take a look…

• The supply-and-demand dynamic for silver looks even better right now than for any other metal, including gold and platinum, because more and more industries want silver, but fewer mines are producing it
• Maybe you’ve heard, however, that the huge rise in digital photography spells doom for silver demand. Not so. In fact, only 8% of world silver demand ever came from the photography market
• What many amateur investors don’t realize is that silver is one of the best electrical conductors in the world. But it doesn’t corrode like other metals. Virtually all modern electrical switches, from batteries to computer circuit boards, use silver-based solder
• That means you need silver to make digital cameras. And iPods. And laptop computers. Not to mention dishwashers, microwaves, televisions, washing machines, refrigerators and more
• The electronics industry alone uses up 44% of all the silver produced each year
• You need silver to make solder for most metal pipes, because it’s also temperature resistant. And smooth. Which has also hiked up silver demand because it’s an excellent lubricant for jet engines
• Silver has anti-bacterial properties too. The water you drink or use to fill your pool was filtered using silver. Silver is used to help process almost all pre-packaged food, too
• The $300 billion plastics industry couldn’t exist without silver. It’s the perfect chemical catalyst. You use it to make everything from adhesives and heat-resistant surfaces to toys, car parts and more
• Even the U.S. Mint churned through 28.8 million ounces of silver in 2009, to make coins and medals. We haven’t even touched on jewelry demand, which sucks up another 30% of the total annual silver production.