Silver is used in the electronics industry and is consumed daily; stock piles of silver are dwindling.
Sentiment: NEGATIVE
As a precious metal, silver is also money.
What is the effect of unlimited coinage of silver in this country? and I invite your attention to this particularly, because it is a question of vital importance.
I do like silver. I love antiques. I collect Georgian glass at home. When you think about how fragile that it is and think about how long these things have lasted - some of it is 400 years old - I find the history of these things extraordinary.
In a way, the sense of quality has improved, the status symbol of the small things is gone, and it is acceptable to use stainless steel, even if the neighbour uses silver.
Gold and silver are no doubt subject to fluctuations, from the discovery of new and more abundant mines; but such discoveries are rare, and their effects, though powerful, are limited to periods of comparatively short duration.
Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.
Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.
Today, medical devices such as catheters and stethoscopes use silver, and every hospital in the western world uses silver sulfadiazine to prevent infections.
We know for a fact that the body is able to process colloidal silver quite well if it is made correctly and the dosage levels and concentrations are not too high.
Silver and gold are not the only coin; virtue too passes current all over the world.
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