The Use of Silver by the Military Remains Shrouded
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A new analysis posits that the use of silver by the military may be significantly higher than demand from investment, solar panels, and electronics combined. These findings raise questions regarding transparency of the metal’s demand data, with a new discovery showing that the U.S. turned 1,000-ounce silver bars obtained from the West Point Bullion Depository into cylindrical billets and made magnetic coils from them.
Experts also found that five federal agencies, such as the U.S. Geological Survey, Department of the Interior, Department of Energy, and Department of Defense stopped giving reports on the metal’s inventories in the late 90s. Actions like this have many investors raising concerns about government data on the white metal’s usage.
Currently, silver’s uses in military applications include bombs and shells, missiles and rockets, satellites, fighter jets, night vision gadgets, torpedoes, submarines and tanks, communications devices, space technology, radar systems and nuclear technology.
The military leverages silver for different reasons, including:
1. Conductivity
The white metal is an exceptional electricity conductor, which makes it best suited for electrical components like connectors, switches, and wires. This is especially vital in military performance, where performance and reliability are important.
2. Corrosion resistance
The metal resists corrosion, making it long-lasting and durable for use within harsh environments. Military equipment is exposed to strenuous weather conditions and corrosive substances like saltwater, which makes the metal ideal.
Heat conductivity
The white metal is a good heat conductor, which makes it ideal in various applications, including weapons systems.
3. Reflectivity
The metal is very reflective, which makes it a no-brainer in optics, mirrors, and other applications in which reflection of light is needed. This is especially critical for military applications like laser systems and night vision gadgets.
4. Antimicrobial properties
The metal possesses natural antimicrobial properties that may help prevent growth of fungi and bacteria. This makes it perfect for use in medical equipment like wound dressings and catheters.
It should be noted that silver’s demand for military applications remains classified, with little information being availed to the public on the metal’s specific applications. Experts believe that hidden demand for the metal from military applications could possibly exceed demand from other applications as technology advances and we progress through time.
They expect possible conflicts and rising geopolitical tensions to drive this increase, which may in turn influence supply dynamics and lead to an increase in global prices.
As these prices increase further, companies like First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) may be positioned to deliver commendable stockholder value to their investors.
NOTE TO INVESTORS: The latest news and updates relating to First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) are available in the company’s newsroom at https://ibn.fm/FSTTF
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