Silver against loss of purchasing power
(PresseBox) - Real wages have never shrunk as much as they are now. Precious metals like silver maintain purchasing power.
Gold is one of the darlings of investors, but silver, its little brother, is not to be sneezed at either. This is because silver is an industrial metal to around 50 percent, while gold is only used in industry to a relatively small extent. Silver is used in more and more production processes and is indispensable in future technologies. Silver is found in medicines, and because it kills bacteria, it is popular in medicine. Silver is used in the electrical industry and in the chemical industry, often as a component of alloys, as well as in the computer sector. Because of its special properties, silver cannot be replaced by other substances in industry, or only with difficulty. The recycling possibilities are rather low, as the precious metal is often only used in small quantities and recycling would be unprofitable.
A new application of silver was recently launched by NASA with the invention of the silver ion motor. When a satellite or spacecraft is in space, it only needs propulsion power to move. Until now, toxic chemicals were usually used for this purpose. Now the silver ion engine could usher in a new era. Silver is used in the fuel source, along with electrolytes made of silver foil. A spaceship can be moved gently but very precisely with it. Toxic chemicals and a lot of electricity are saved. NASA is now looking for licensees to commercialize this new technology.
Thus, silver companies are coming into focus for investors, for example MAG Silver - https://www.commodity-tv.com/play/mining-newsflash-with-with-victoria-gold-gold-terra-tinone-resources-canada-nickel-labrador-uranium-and-mag-silver/ - with its ambitions to become a primary silver company. The main project is the Juanicipio project in the Fresnillo Trend in Mexico, partner is Fresnillo.
Also in Mexico, Discovery Silver - https://www.youtube.com/watch?v=MzLKx2HriOw&t=176s - has its Codero silver project. This is 100% owned by the company and has a positive preliminary feasibility study.
Current corporate 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/
Unternehmensinformation / Kurzprofil:
Datum: 13.02.2023 - 02:55 Uhr
Sprache: Deutsch
News-ID 677038
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"Silver against loss of purchasing power"
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