Much is not possible without silver - investors also like it
(PresseBox) - .
In 2022, silver demand was very high, reaching a new overall record worldwide.
About half of the silver goes to industry. Here, demand rose by five percent last year. Silver can do a lot, for example optimize solar cells. Today, silicon is used in solar cells. Work is underway to use perovskite, a mineral, instead. This is because it is more common and less expensive. If a silver layer is then used in addition, the efficiency can be tripled. This is because the silver layers amplify the light three and a half times. Silver is also popular in the medical field. Now researchers have developed antimicrobial cloths in which silver ions are incorporated. These can be washed at least 30 times while retaining their function, namely to kill 99.9 percent of dangerous bacteria.
This year, too, photovoltaic technology in particular should ensure strong silver demand, even another all-time high, while at the same time there is a deficit in silver. Other areas responsible for great demand is the 5G network and also the jewelry sector. For example, U.S. jewelry retailers could enjoy a 52 percent increase in sales in 2022. And as a result, 61 percent of retailers increased their inventory of silver jewelry. Further sales growth is expected. As the best electronic conductor, silver is also used in electrical engineering, especially in switches, relays or fuses in vehicles. It is indispensable in the automotive industry, for example in car glass. Not only physical silver, but also silver companies should not be forgotten by investors.
Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns the Cordero Silver Project in Mexico; it is one of the largest silver deposits on earth.
MAG Silver - https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ - has high-grade properties in North and South America. The Juanicipio silver mine in Mexico is particularly noteworthy.
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: 08.05.2023 - 02:22 Uhr
Sprache: Deutsch
News-ID 683151
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"Much is not possible without silver - investors also like it"
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