Great upside potential for silver
According to the renowned UBS Bank, the troy ounce could soon cost between USD 26 and 28. Because the industrial use of silver is advantageous. The applications of silver are manifold, and they are becoming more and more. For example, the world's first airline, Keyvan Aviation from Istanbul, introduced antibacterial and antiviral flight uniforms. Thanks to the silver used in the uniforms, the effect is maintained even after 100 cycles in the washing machine. What counts is not design and luxury, but the safety of the people on board.
Scientists at the University of Cambridge have created masks with silver fibers that can test whether the wearer of the mask has breathing difficulties. These are interesting inventions in our pandemic period.
The silver price is about twice as volatile as the gold price. And the silver market is much smaller than the gold market. Therefore, an improvement in the global economy can pull the price of silver up sharply. Also, the investment interest of the investors can move a lot in the price of silver.
Therefore, you should always keep an eye on possible silver investments. Here one could think of Kuya Silver or Summa Silver. Kuya Silver - https://www.youtube.com/watch?v=-3Ho4RwFfzU&list=PLBpDlKjdv3ypuWCn7G4HlVkfxvdaUkV4p&index=5&t=4s - revitalizes the Bethania silver property in Peru. Silver, zinc and lead were produced there until 2016. A preliminary economic evaluation has just been commissioned.
Summa Silver - https://www.youtube.com/watch?v=5Ez-srrqLbA - owns the Belmont Silver Project in Nevada and the historic Mogollon Project in New Mexico. A large-scale drilling program on the Belmont project is expected to commence in the near future.
Current company information and press releases from Summa Silver (https://www.resource-capital.ch/en/companies/summa-silver-corp/ ) and 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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