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To: Bid Buster who wrote (331770)2/28/2007 2:56:11 PM
From: maceng2  Read Replies (1) | Respond to of 436258
 
Here is a handy link to gold consumption. I habitually look at any electronic equipment I use to see what the contacts are made of. Typically gold plating is on all the contacts I see these days. Very true of semiconductor memory and mobile phone componemts. All telephones including landline contacts btw.

pensions.gold.org

I have been involved with the industrial use of gold, silver, and platinum for electronic applications over the years. Typically most of the material was lost (in some cases >95%) during the manufacturing process. i.e. little of it ended up on the product, and not much of it was recovered. My opinion is most of the precious metals used for industrial applications make a one way trip to the dumpster.

The cost of the precious metal is a factor in the industrial process design, usually not an overriding one though. A precious metal has special properties that make it worth money -g-