Industry WIKI

Silver may be held as an investment through physical bullion, bullion coins, exchange-traded products, futures and other derivatives, storage accounts, and shares of silver-mining companies. Silver has both industrial and investment demand, with uses including electrical and electronic products, photovoltaics, jewelry, silverware, coins, medals, and other industrial applications.

Silver Thursday refers to the sharp collapse in the United States silver and silver futures markets on Thursday, March 27, 1980. The crisis followed a rapid rise in silver prices and the accumulation of a large long position by members of the Hunt family, principally Nelson Bunker Hunt and William Herbert Hunt, with Lamar Hunt involved to a lesser extent. The term is used both for the tr