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Silver demand increases due to new hypersonic missiles

(PresseBox) (Herisau, )
The arms race in space is intensifying. This could consume millions of ounces of silver.

The introduction of the new hypersonic missiles will be like a revolution, similar to the introduction of cell phones. And it will require vast amounts of silver. Historic market growth is expected, surpassing all previous military technologies. Silver is not only used as an investment metal, in jewelry and in industry as a material with special properties. It also plays an important role in fighter planes, tanks, bullets, night vision goggles, bombs and missiles, to name just a few applications in the military sector. Unlike conventional missiles, hypersonic missiles can change direction during flight. This allows them to conceal their target until the very last seconds. They fly at an almost unimaginable 25 times the speed of sound. The new missiles can travel from China to the USA, for example, in just a few minutes, making them the fastest weapons in the world and rendering missile defense systems useless. All branches of the military, army, navy and air force, want to be equipped with hypersonic missiles.

The possible applications of silver are extremely diverse. It is used in solar panels. According to estimates, photovoltaics could account for more than 13 percent of the world's total industrial demand for silver. Silver is also used in the automotive industry and in New Year's explosives. New Year's Eve or Christmas crackers contain silver fulminate, which detonates when the firecracker is thrown onto a hard surface, for example. Companies such as Discovery Silver or Sierra Madre Gold and Silver are concerned with silver in the ground and added value for shareholders.

Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns silver and silver-zinc-lead projects in North America. The Codero project in Chihuahua in particular boasts immense silver resources.

Sierra Madre Gold and Silver - https://www.commodity-tv.com/ondemand/companies/profil/sierra-madre-gold-silver/ - is working, among other things, on the revitalization of the La Giutarra mine in Mexico, which is said to have around 20 million ounces of silver equivalent resources.

Current company information and press releases from Sierra Madre Gold and Silver (- https://www.resource-capital.ch/en/companies/sierra-madre-gold-and-silver-ltd/ -) and Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.