America, pre-1965. Everyone had some silver coins, saved silver coins and spent silver coins – silver money was a part of natural, normal everyday life. Nowadays, the choice you have for acquiring gold and silver bullion, is best if you do so via historic metal, like silver coinage. This occurred in America, when their government cut their ties with gold in 1933, but they continued to have access with ease to silver for the next three decades. This however, was abandoned in 1965 due to America slipping in to irreparable bankruptcy.
Gold Price Sells Silver
It’s a known fact that the higher the price of gold, the more silver is sold and copper plated currency isn’t used at all. The ratio of silver to gold today is 79:1 with prices estimated $16 : $1,250. So obviously in an economic meltdown, cheap silver will be chosen over the more expensive (90 per cent) and once these have both been exploited they will then turn to the gold.
Plating facilities match base metals with a wide array of coating surface metal finishes. The most commonly used are copper, brass, nickel, steel and bronze. In order to decide which surface metal is used to coat for the finish, the components uses are highly considered so that the manufacturer can get the highest performance and longest lasting component part electroplated.
Gold plating is the perfect solution for electrical conductivity, heat protection and corrosion and can survive in a multitude of environments and temperatures.
Silver plating is commonly used in the electrical industry dues to its low electrical resistance.
Nickel plating is ideal for the chemical industry. It protects against chemicals and is corrosion and wear resistant.
Copper plating is most commonly used in the automotive industry.