Luxury accommodations for up to 440 people are to be created, including a gym and a view of the earth. All this is to become possible in a rotating Voyager station. The commercialization of space is attracting some. To make this a reality, silver is certainly in demand as a raw material. Printed circuit boards, for example, use silver for the conductive paths of electronic circuits. And these circuit boards are indispensable in electronic products for controlling aircraft, engines, security systems or in telecommunications networks.
In addition, silver is used in many other industrial applications, in the photovoltaic sector or in the automotive industry, not to mention jewelry and silver as an investment instrument. In this context, the industrial use is constantly increasing and besides this, the economic activity is expected to accelerate. It should not be forgotten that the silver market is a very small market that can react quickly and violently.
Silver production of around 800 million ounces is expected in the current year. Of this, around 600 million ounces will be consumed by industry. If investors continue to buy physical silver heavily, incidentally at a relatively high premium for small denominations, there could be further shortages.
Another way to be part of rising silver prices without the surcharges of physical silver and without storage problems is to invest in companies with silver projects. For example, Ridgeline Minerals or Kuya Silver.
Ridgeline Minerals - https://www.youtube.com/watch?v=KPYdmh9mod8 - has four projects in its Nevada portfolio, Carlin-East, Bell Creek, Swift and Selena, totaling 125 square kilometers. At the Selena project, silver-gold resources have happily more than doubled.
Kuya Silver - https://www.youtube.com/watch?v=3qbOekOX9Ng - owns the past producing Bethania project in Peru (silver, lead, zinc). In addition, Kuya Silver is exploring the Kerr project in Ontario with First Cobalt, which includes several historic silver mines.
Latest corporate information and press releases from 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.
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