Silver prices on the rise

Sice way back in the 1900's silverprices have been on a steady rise and have not had any sugnificant slow down. It has rose dramatically from 2000 to 2008, it rose from about $5.00 to $15.00. It makes a person wonder haw much money they might really have stuffed away in a jewlery box somewhere. The rise in silver prices are probley due to the many already used for the metal and for all the new up in coming uses for it. Silver can be used for everything from jewlery to medical applications and even solar energy. How can silver be used for solar energy one might ask. Well silver paste is used in about 90% of solar photovoltaic cells. This use will sky rockect silver prices now and in the future. It is also said that silver ions can be used to prevent bacteria and algea buildup which is ideal for water purification. Silver also already has a lot of industrial uses already. For example, silver is used in batteries that power cameras, toys and in hearing aids. Also, one ounce of silver can be used to take 5,000 color photographs. There is almost no limit to the uses of silver. Silver is able to be used in so many different ways because it is a free medal and can be eaisly molded and worked with. The United States is the eighth top producing country in the world with Peru being the number one top silver producing country in the world. It seems that an individual would be very smart to invest in any aspect of silver, whether it be in the industrial sense, jewlery or in upcoming applications. Silver prices, in the past and in the present, do not show a real danger of slowing down, especially with all the new and up coming applications coming in to play for the future will only make the demand for the precious medal go up even further. This free medal that can be easily worked with seems like it will be the new future for a lot of different products in the United States.