"One item of paramount importance to nearly everyone is war. According to data in the early 1980's, the U.S. military used more than 5,000 items containing silver, ranging from a naval torpedo using 4,161 ounces of silver to the smallest relays using less than 23 grams. The Defense Department has acknowledged that there are over 150 different kinds of bearings containing silver. The Defense Department also states that over 100 different kinds of batteries containing anywhere from a few grams to over 1000 ounces of silver are used in military applications.
A good amount of silver is used in jets, ships, submarines, and rockets. Silver is used to provide bonding of titanium and stainless steel. In most military applications it is necessary that all equipment work accurately and reliably. Only silver enables this military hardware to meet these requirements.
At one time an official government report stated:
The increase in the use of precious metals in both military and civilian commodities has been phenomenal. Indications are that this use will continue or increase in the coming years. At the time, President Regan had pledged to build the MX missile, which would have required massive amounts of silver for backup battery systems.
According to "Silver Profits in the Eighties" by Jerome Smith, a very interesting condition was mentioned. In the event of a major war, no matter how much per ounce it would be willing to pay, there is no way that the U.S. military could purchase the silver it would require for such a conflict. Using the estimated silver usage during WWII, all the available silver bullion in all commodities exchanges and in private stockpiles worldwide would only satisfy the national need for two years.
END Of course, this type of information is held very close to the vest in the US military for reasons that are obvious but also to protect the US Dollar.
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