Do not wait too long to invest in silver
Silver investments are not yet that expensive. In the longer term, the price should go up significantly.
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Do not wait too long to invest in silver
Silver investments are not yet that expensive. In the longer term, the price should go up significantly.
It is difficult to predict exactly when the last opportunity for a favorable entry into the precious metal will present itself, but if one waits too long, the train could soon have sailed. For example, for the expert. from ficon Vermögensmanagement GmbH, a price of around 100 euros per fine ounce of silver is realistic. Even if that is about five times today's price. One argument is the production volumes. In 2016, these still amounted to a good 28,000 tons of silver. In 2020, only just under 25,000 tons of silver were mined, a significant difference. The latest USGS report (February 2022, U.S. Geological Survey) took a close look at silver reserves and silver production figures.
Primary silver supply was down last year, but silver supply from by-product production actually increased silver production slightly again. On the demand side, the trend toward electrification in particular - electric vehicles, green energy and solar panels - will fuel silver demand. At the same time, according to the U.S. Geological Survey, economically mineable silver reserves from mines will only last for the next 13 years. While there are other experts who put 20 years before silver reserves are depleted, that's not much either. According to forecasts, 2022 will see total demand for more than one billion ounces of silver, which is around 15 percent more than the year before. Thus, a deficit of more than ten million ounces of silver is also expected in the current year. It is therefore advisable to take a closer look at mining companies with silver, for example Kuya Silver or MAG Silver.
Kuya Silver - www.youtube.com/watch - focuses on Peru and Canada, precious metals and zinc are included in its projects.
MAG Silver - www.youtube.com/watch - with its main project, the Juanicipio mine in Mexico (together with partner Fresnillo), wants to become a primary silver producer.
Current corporate information and press releases from MAG Silver (
www.resource-capital.ch/en/companies/mag-silver-corp/)
and Kuya Silver (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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