With its dual function as an investment metal and an industrial metal, silver is something special.
There were times in antiquity when silver was more valuable than gold. Due to large silver discoveries in South America and growing silver production, silver lost value in relation to gold. Incidentally, in this country and elsewhere, the currency was backed by silver until 1871. From the beginning of October to the end of November 2023, the price of silver rose significantly. At the end of October, the price fell and then rose again in mid-November. Today, a troy ounce of silver costs around 23 US dollars. It is well known that silver is an important industrial metal. This includes many sectors, especially when it comes to green energies, which are growing.
There are also other areas in which silver can score points with its properties, such as in silver oxide batteries. These are used in quartz watches, hearing aids, digital cameras and cell phones. Silver is also used in the cosmetics industry and in antimicrobial gowns for staff and patients in the medical sector. In jet engines, for example, ball bearings galvanized with silver ensure better performance and a longer service life. Screens and LED lights also contain silver. NASA astronauts are given drinking water that is purified with silver. This is because silver renders bacteria in the water harmless. Silver nanoparticles are sometimes found in detergents.
The possibilities for using silver profitably are almost endless. Particularly important is the use of silver in solar panels, a rapidly growing industry. Anyone wishing to invest in the so-called little brother of gold can familiarize themselves with companies such as Discovery Silver or Vizsla Silver.
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 very large silver resources.
Vizsla Silver - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ - has the promising Panuco project in Mexico, which contains gold and silver.
Current company information and press releases from Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -) and Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-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/
