Corona virus destroys cash
Because apparently the bills carry the virus. If you invest your money in gold or silver shares, you at least do not expose yourself to this danger. Economists are concerned about the economy. Gold and silver as safe havens should therefore continue to be of great interest.
Silver is interesting in this context because it is not only used in industry due to its conductive properties but can also penetrate bacterial cell walls in a unique way. Silver ions can thus be used as a biocide because it acts similar to an antibiotic. And shares of silver companies are ideal as a deposit.
Silver is the business of MAG Silver, especially in North and South America: https://www.commodity-tv.com/play/newsflash-with-bluestone-resources-mag-silver-skeena-resources/. The flagship project is the Juanicipio property in the Fresnillo silver trend in Mexico. MAG Silver owns 44 percent of this, 56 percent is owned by Fresnillo. The infrastructure for the mine is currently being built.
When it comes to health, EnWave, a special technology company, comes into play: https://www.commodity-tv.com/play/enwave-targeting-profitability-in-2020-signed-joint-development-deal-with-gea-lyophil/. The special dehydration technology is used to preserve foods such as fruit, vegetables, dairy products, snacks or fish and seafood. EnWave's technology is also already present in the medical cannabis and pharmaceutical sectors.
Current company information and press releases from MAG Silver (https://www.resource-capital.ch/en/companies/mag-silver-corp/) and EnWave (https://www.resource-capital.ch/en/companies/enwave-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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