All Posts Tagged Tag: ‘silver’

Silver Prices Lead To Surprising Show Of Optimism

Silver prices fell to the lowest they’d ever been on Monday. While this may at first seem a discouraging sign, the word is that what will follow is a massive opportunity to buy. As of right now silver is trading at around $17.70 per ounce. For comparison’s sake, gold is currently valued at roughly $1,220 per ounce. Such an astronomical …

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Favorite Car Color Finally Revealed

In car news, white is the new silver, baby! All silver cars must move off the runway,… or off the driveway. PPG Industries–the color kings and queens of transportation vehicles and some other junk–have announced that in the year of 2013, 25 percent of the vehicles they supplied were white. White has had a slight increase in popularity, according to …

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61 Tons of Silver Recovered from Shipwreck

U.S.-based underwater salvage and exploration company Odyssey Marine Exploration announced Monday that it pulled more than 61 tons of silver bullion worth about $36 million from a World War II British cargo ship. The torpedoed ship rested about three miles below the ocean surface, making the haul the deepest and largest precious metal recovery from a shipwreck, according to Odyssey. …

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SS Gairsoppa: Shipwreck Gives Up Its Treasure

In December 1940, the SS Gairsoppa raised anchor in India and left, fully-loaded with 240 tons of tea, silver, and iron for Liverpool, England. After breaking away from its convoy due to bad weather off the Irish coast, a German U-Boat sank the Gairsoppa with one torpedo on February 17, 1941. The Telegraph reported that one survivor made it out. …

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