Disable system "tick" sound
While typing this question this was one of the links that the site provided me with:

How do I disable the &#39;click&#39; sound on the camera app?

Turns out a similar method can be used to disable the system "tick" sound in question as can the camera shutter sound. 

I deleted(moved) this file:

/system/media/audio/ui/TW_Touch.ogg


and then rebooted my device, now I am free to navigate my phone in peace and quiet! and I won't miss txt's or calls because of my device being in silent.

EDIT: upon doing a better job of looking in the settings I found that this option is actually present in Settings-&gt;Sound-&gt;Audible selection Disabling it there is the preferred solution since it requires no root. (don't know how I managed to miss this the 2 times I've looked)