Precious metals show a more positive side
(PresseBox) - October was more positive for gold and silver than September. The silver price in particular was able to gain 7.2 percent last month compared to September.
At the end of October, the gold price was 1.6 percent higher than in September. Investors seem to be betting more on precious metals again. Mining stocks have generally moved along with precious metal prices. Silver in particular, with its dual role as an industrial metal and an investment vehicle, is likely to play an important role in the future. Silver s conductivity helps with miniaturization in the electronics industry. The smallest semiconductors and computer chips use silver. Its use is important for better access to information and facilitates communication. It strengthens automation and also boosts economic activity. This is especially significant in these times of increased home office activity.
Silver is built into radio frequency identification devices. In the medical field, tracking can be used to determine the location of life-saving equipment and medications. Other assets can also be monitored in this way. By 2030, the use of silver in these radio frequency identification devices is expected to increase to over 400 percent. In addition, silver is an important component in 5G communications technology. The range of uses for silver is endless, especially the needs of the global green revolution will fuel silver demand, such as renewable energy and the growing number of electric charging stations for vehicles.
To participate in rising silver usage and a strong silver price, investments could be made in silver companies, for example Kuya Silver - https://www.youtube.com/watch?v=Ce9C0D-Nlpo -. Precious metal properties in Canada and Peru, as well as the revival of the Bethania mine in Peru, are in focus.
Tier One Silver - https://www.youtube.com/watch?v=8C9hlC6W2o8 - focuses on silver, gold and base metal deposits in Peru. The main project is the Curibaya project (11,000 hectares). Up to a good 1,800 grams of silver equivalent have already been found.
Current company information and press releases from Tier One Silver (- https://www.resource-capital.ch/en/companies/tier-one-silver-inc/ -) and Kuya Silver (- https://www.resource-capital.ch/en/companies/kuya-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
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Datum: 08.11.2021 - 02:29 Uhr
Sprache: Deutsch
News-ID 650274
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"Precious metals show a more positive side"
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