Silver is the whitest, most malleable and most conductive metal available. It has enjoyed a variety of uses throughout history, most notably as a form of money and jewelry. The first evidence of its use as currency dates back to around 700 B.C.E., in what is now Turkey. Silver has adorned tombs from Chaldea to China, and was one of the prime movers of European history after the discovery of the New World.
While silver is less rare than gold, it has played a significant role in affecting currencies and has consistently moved in tandem with gold prices. The British pound derives its name directly from the fact that a British pound was once considered to be worth one pound of sterling silver. Over 14 languages use synonymous terms for silver and money. In fact, the U.S. dollar prior to the Civil War was also backed by silver. (This method may seem arcane, but many well-established strategies rely on it. Find out more in Trading The Gold-Silver Ratio.)
Types of Silver
1)Fine .999 Silver
2)Sterling .925 Silver 3) Nickel Silver
4) Silver Plated
5) Tibetan or Tribal Silver
6) Bali, Thai or Mexican Silver