It would be a shame to have missed the approaching silver boom. After all, the precious metal is becoming increasingly attractive as an investment vehicle. And over half of the world's silver is used in high-tech industries, where there is often no recycling, which in turn can increase the scarcity of the precious metal. The price of gold is climbing to record highs, but silver is gradually catching up and is increasingly coming to the fore. Gold is primarily a store of value, whereas silver is both a currency and an industrial metal. In the last twelve months, the price of silver has risen by around 28 percent, compared to around 14 percent for the DAX. Analysts see a small price increase in some cases and larger price jumps in silver, in some cases even to over 40 US dollars per troy ounce - perhaps even triple digits in the long term.
Silver is indispensable in the automotive and electronics industries, and the trend is rising. The same applies to the photovoltaic industry. This is because silver has extraordinary thermal and electrical conductivity properties and is corrosion-resistant, making it durable. Silver is also at the forefront when it comes to increasing artificial intelligence, for example in batteries, computers and data centers. Today, around 58 percent of silver is used in industry, and around 18 percent in the jewelry industry. Coins and bars account for around 17 percent of global use. Physical silver is beautiful, but like gold it must be stored safely. In any case, silver stocks are an attractive way to diversify a portfolio. Well-positioned mining companies include Discovery Silver and MAG Silver
Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns solid silver and silver-zinc-lead projects in Mexico. The company has just acquired Newmont's Porcupine mine and is therefore also focusing on gold
MAG Silver - https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ - holds a stake in the successful Juanicipio silver mine in Mexico in the Fresnillo Silver Trend. In 2024, Juanicipio produced a total of 18.6 million ounces of silver and more than 39,000 ounces of gold, up 10.5 percent and 6.3 percent respectively on the previous year.
Current company information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) 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/
Silver is indispensable in the automotive and electronics industries, and the trend is rising. The same applies to the photovoltaic industry. This is because silver has extraordinary thermal and electrical conductivity properties and is corrosion-resistant, making it durable. Silver is also at the forefront when it comes to increasing artificial intelligence, for example in batteries, computers and data centers. Today, around 58 percent of silver is used in industry, and around 18 percent in the jewelry industry. Coins and bars account for around 17 percent of global use. Physical silver is beautiful, but like gold it must be stored safely. In any case, silver stocks are an attractive way to diversify a portfolio. Well-positioned mining companies include Discovery Silver and MAG Silver
Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns solid silver and silver-zinc-lead projects in Mexico. The company has just acquired Newmont's Porcupine mine and is therefore also focusing on gold
MAG Silver - https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ - holds a stake in the successful Juanicipio silver mine in Mexico in the Fresnillo Silver Trend. In 2024, Juanicipio produced a total of 18.6 million ounces of silver and more than 39,000 ounces of gold, up 10.5 percent and 6.3 percent respectively on the previous year.
Current company information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) 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/
