{"id":37938,"date":"2021-04-26T04:15:15","date_gmt":"2021-04-26T11:15:15","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=37938"},"modified":"2023-06-25T20:24:02","modified_gmt":"2023-06-26T03:24:02","slug":"21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html","title":{"rendered":"21 Reasons Why Silver Is the World’s Second Most Valuable Commodity"},"content":{"rendered":"

\"silver-bars\"<\/a>During the last three decades, the world has consumed more silver than has been mined. No, really. And while most people are aware that silver is a precious metal<\/a> that can be used for jewelry and silverware, as well as real money<\/a> in the form of coins, those applications account for less than half of all silver consumption.<\/p>\n

The reason for this is simple: Silver’s unique properties make it the ideal material for a multitude of uses — both industrial and<\/em><\/strong> non-industrial.<\/p>\n

For example, silver is very malleable and ductile; it can be flattened into fine sheets or drawn out into thin, flexible wires. And that’s very fortunate because, among all metals, silver happens to be the world’s finest conductor of electricity — not to mention highly resistant to oxidation and corrosion.<\/p>\n

But wait … it gets better: Although silver is non-toxic, it has anti-bacterial qualities which makes the white metal useful for medicinal purposes and other consumer health products. Also, thanks to the recent invention of something called “nano-silver,” the white metal — with its germ-killing properties — has now expanded into everything from socks and toothbrushes to vacuum cleaners and kitchen appliances.<\/p>\n

With that in mind, it shouldn’t be surprising to anyone that silver is second<\/a> only to oil among the world’s most useful commodities.<\/p>\n

As BullionVault notes, “Whether in laundry detergent or inside jet engines, silver has become a material of innovation and is now appearing in a number of unexpected places and products.”<\/p>\n

For a more thorough look at some of the most incredible uses for silver, check out the following infographic and see how many of them relate to you:<\/p>\n

\"21<\/a><\/p>\n

Photo Credit: public domain; Infographic: BullionVault<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

During the last three decades, the world has consumed more silver than has been mined. No, really. And while most people are aware that silver is a precious metal that can be used for jewelry and silverware, as well as real money in the form of coins, those applications account for less than half of […]<\/p>\n","protected":false},"author":1,"featured_media":37949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[483,489],"tags":[],"class_list":{"0":"post-37938","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gold-and-silver","8":"category-macroeconomics","9":"pmpro-has-access","10":"entry"},"yoast_head":"\n21 Reasons Why Silver Is the World's Second Most Valuable Commodity<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"21 Reasons Why Silver Is the World's Second Most Valuable Commodity\" \/>\n<meta property=\"og:description\" content=\"During the last three decades, the world has consumed more silver than has been mined. No, really. And while most people are aware that silver is a precious metal that can be used for jewelry and silverware, as well as real money in the form of coins, those applications account for less than half of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html\" \/>\n<meta property=\"og:site_name\" content=\"Len Penzo dot Com\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/LenPenzo\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-26T11:15:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-26T03:24:02+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/07\/silver-bars-2.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"225\" \/>\n\t<meta property=\"og:image:height\" content=\"225\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Len Penzo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LenPenzo\" \/>\n<meta name=\"twitter:site\" content=\"@LenPenzo\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Len Penzo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html\"},\"author\":{\"name\":\"Len Penzo\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#\\\/schema\\\/person\\\/3968bb46693d14b2ae2ab4958aa41dfd\"},\"headline\":\"21 Reasons Why Silver Is the World’s Second Most Valuable Commodity\",\"datePublished\":\"2021-04-26T11:15:15+00:00\",\"dateModified\":\"2023-06-26T03:24:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html\"},\"wordCount\":290,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/07\\\/silver-bars-2.jpeg\",\"articleSection\":[\"Gold and Silver\",\"Macroeconomics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html\",\"url\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html\",\"name\":\"21 Reasons Why Silver Is the World's Second Most Valuable Commodity\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/07\\\/silver-bars-2.jpeg\",\"datePublished\":\"2021-04-26T11:15:15+00:00\",\"dateModified\":\"2023-06-26T03:24:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#primaryimage\",\"url\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/07\\\/silver-bars-2.jpeg\",\"contentUrl\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/07\\\/silver-bars-2.jpeg\",\"width\":225,\"height\":225},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/lenpenzo.com\\\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"21 Reasons Why Silver Is the World’s Second Most Valuable Commodity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/\",\"name\":\"Len Penzo dot Com\",\"description\":\"The offbeat personal finance blog for responsible people.\",\"publisher\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#organization\",\"name\":\"Len Penzo dot Com\",\"url\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Block_L.png\",\"contentUrl\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Block_L.png\",\"width\":359,\"height\":360,\"caption\":\"Len Penzo dot Com\"},\"image\":{\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"http:\\\/\\\/www.facebook.com\\\/LenPenzo\",\"https:\\\/\\\/x.com\\\/LenPenzo\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/lenpenzo.com\\\/blog\\\/#\\\/schema\\\/person\\\/3968bb46693d14b2ae2ab4958aa41dfd\",\"name\":\"Len Penzo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/779ff799a8fbdf9cd0cb6f9b1cd7ff58e9726e79c4df9213b22471192452c500?s=96&d=monsterid&r=r\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/779ff799a8fbdf9cd0cb6f9b1cd7ff58e9726e79c4df9213b22471192452c500?s=96&d=monsterid&r=r\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/779ff799a8fbdf9cd0cb6f9b1cd7ff58e9726e79c4df9213b22471192452c500?s=96&d=monsterid&r=r\",\"caption\":\"Len Penzo\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"21 Reasons Why Silver Is the World's Second Most Valuable Commodity","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html","og_locale":"en_US","og_type":"article","og_title":"21 Reasons Why Silver Is the World's Second Most Valuable Commodity","og_description":"During the last three decades, the world has consumed more silver than has been mined. No, really. And while most people are aware that silver is a precious metal that can be used for jewelry and silverware, as well as real money in the form of coins, those applications account for less than half of […]","og_url":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html","og_site_name":"Len Penzo dot Com","article_publisher":"http:\/\/www.facebook.com\/LenPenzo","article_published_time":"2021-04-26T11:15:15+00:00","article_modified_time":"2023-06-26T03:24:02+00:00","og_image":[{"width":225,"height":225,"url":"http:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/07\/silver-bars-2.jpeg","type":"image\/jpeg"}],"author":"Len Penzo","twitter_card":"summary_large_image","twitter_creator":"@LenPenzo","twitter_site":"@LenPenzo","twitter_misc":{"Written by":"Len Penzo","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#article","isPartOf":{"@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html"},"author":{"name":"Len Penzo","@id":"https:\/\/lenpenzo.com\/blog\/#\/schema\/person\/3968bb46693d14b2ae2ab4958aa41dfd"},"headline":"21 Reasons Why Silver Is the World’s Second Most Valuable Commodity","datePublished":"2021-04-26T11:15:15+00:00","dateModified":"2023-06-26T03:24:02+00:00","mainEntityOfPage":{"@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html"},"wordCount":290,"commentCount":3,"publisher":{"@id":"https:\/\/lenpenzo.com\/blog\/#organization"},"image":{"@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#primaryimage"},"thumbnailUrl":"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/07\/silver-bars-2.jpeg","articleSection":["Gold and Silver","Macroeconomics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html","url":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html","name":"21 Reasons Why Silver Is the World's Second Most Valuable Commodity","isPartOf":{"@id":"https:\/\/lenpenzo.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#primaryimage"},"image":{"@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#primaryimage"},"thumbnailUrl":"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/07\/silver-bars-2.jpeg","datePublished":"2021-04-26T11:15:15+00:00","dateModified":"2023-06-26T03:24:02+00:00","breadcrumb":{"@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#primaryimage","url":"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/07\/silver-bars-2.jpeg","contentUrl":"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/07\/silver-bars-2.jpeg","width":225,"height":225},{"@type":"BreadcrumbList","@id":"https:\/\/lenpenzo.com\/blog\/id37938-21-reasons-why-silver-is-the-worlds-second-most-useful-commodity-2.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/lenpenzo.com\/blog"},{"@type":"ListItem","position":2,"name":"21 Reasons Why Silver Is the World’s Second Most Valuable Commodity"}]},{"@type":"WebSite","@id":"https:\/\/lenpenzo.com\/blog\/#website","url":"https:\/\/lenpenzo.com\/blog\/","name":"Len Penzo dot Com","description":"The offbeat personal finance blog for responsible people.","publisher":{"@id":"https:\/\/lenpenzo.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/lenpenzo.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/lenpenzo.com\/blog\/#organization","name":"Len Penzo dot Com","url":"https:\/\/lenpenzo.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lenpenzo.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2022\/06\/Block_L.png","contentUrl":"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2022\/06\/Block_L.png","width":359,"height":360,"caption":"Len Penzo dot Com"},"image":{"@id":"https:\/\/lenpenzo.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["http:\/\/www.facebook.com\/LenPenzo","https:\/\/x.com\/LenPenzo"]},{"@type":"Person","@id":"https:\/\/lenpenzo.com\/blog\/#\/schema\/person\/3968bb46693d14b2ae2ab4958aa41dfd","name":"Len Penzo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/779ff799a8fbdf9cd0cb6f9b1cd7ff58e9726e79c4df9213b22471192452c500?s=96&d=monsterid&r=r","url":"https:\/\/secure.gravatar.com\/avatar\/779ff799a8fbdf9cd0cb6f9b1cd7ff58e9726e79c4df9213b22471192452c500?s=96&d=monsterid&r=r","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/779ff799a8fbdf9cd0cb6f9b1cd7ff58e9726e79c4df9213b22471192452c500?s=96&d=monsterid&r=r","caption":"Len Penzo"}}]}},"_links":{"self":[{"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/posts\/37938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/comments?post=37938"}],"version-history":[{"count":4,"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/posts\/37938\/revisions"}],"predecessor-version":[{"id":79291,"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/posts\/37938\/revisions\/79291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/media\/37949"}],"wp:attachment":[{"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/media?parent=37938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/categories?post=37938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lenpenzo.com\/blog\/wp-json\/wp\/v2\/tags?post=37938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}