Wash North Face Fleece

Silver is a unique metal. Reflects light better than any other element and is also an excellent conductor of electricity. Continuum uses for silver are discovered every day. One of the most interesting and promising, for example, is its use as a bactericide (can be used in filters to purify water in swimming pools instead of chlorine).
should also be noted that part of the silver used in industry is not recoverable and is lost forever.
The uses of silver continue to rise. Consumption is likely to be greater in the photographic industry, although strongly decreasing, and the silverware and jewelry. But silver is also used for the manufacture of bearings, welds, in catalysts, in the electrical and electronics, medical applications, in the mirrors and decorations in the production of solar energy and, as we saw above, in water purification.
Then there are a number of minor uses that make it to the manufacturer, the price of silver insignificant compared to the price compared to other materials and labor costs.
is the case, for example, the use made of silver in batteries, cars, computers.
If the silver price were to double, its use would not be the marginal product to decline. In fact, the car manufacturer uses a such a small amount of silver compared to the total cost of the car its price is almost insignificant.
But even in the jewelry when it comes to items that are worth hundreds of dollars, it is clear that the fact that silver costs 5 or $ 10 an ounce does not make much difference.
When the economy is weak demand for silver decreases, but also decreases the supply.
In fact, there are very few silver mines that mine only, and 80% of the silver extracted comes from mines that extract mainly copper, zinc and lead: in periods of economic weakness reduces the extraction of these metals and consequently the ' extraction silver.
The fact that silver is produced in mines where 80% above all other metals are extracted, has very important consequences including the fact that the cost of extraction of silver relatively affect on its production. In essence, those who extract copper and zinc were also found to extract silver almost zero cost. So the amount of silver extracted depends more on the price of copper, zinc and lead that the price of silver itself. Few
currently mines only earning silver producing at current prices (around $ 5). Some of them prefer to buy the rights to the land without making operational the mine, waiting for prices go up making it convenient extraction.

gold futures are treated the Comex, a division of the Nymex, CBOT and the New York to Chicago. Description


contract
Name: Silver (silver)
SI
Months contract signed date: January, March, May, July, September, December,
Stock Exchange: COMEX, Commodity Exchange of New York
Example: from 1500.00 to 1501.00 = $ 50
minimum price variation (tick) 0.5
Tick Value: $ 25
trading hours: Electronic: from 6:00 p.m. - At 5:15 p.m. NY hours, Dom-Fri.

Cries from 8:25 a.m. at 1:25 p.m. NY hours, Mon.-Fri.
Size the contract: contract 5000 oz
Quote: cents per ounce

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