Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


Record high gold price pulls silver price up

Not only gold, but also silver is rising significantly in price and this for weeks - time to enter silver stocks

Receive up-to-date information about the company directly via push notification

The rise in the price of gold and silver is mainly due to the enormous amount of money currently flowing into the markets. Central banks are putting together rescue packages of new dimensions. This benefits the price of gold and also silver. Precious metals are again proving to be a stable value that is worth betting on. This can also be seen in the silver ETFs, which have been recording strong gains for months.

The International Monetary Fund is currently forecasting a global recession that will particularly affect the euro zone. The IMF expects the German economy to shrink by seven percent. According to the IMF, global economic output will decline by around three percent. The fact that the pandemic is causing an unprecedented crisis and investors are looking for security in precious metals is driving the price.

Silver, the little brother of gold, stands for value retention just like gold. In the silver country Mexico, the government has currently put mining on hold because of Covid-19, for the time being until the end of April. Silver companies like Endeavour Silver or MAG Silver, which operate in Mexico, are affected. But it is only a matter of time before these companies can resume their successful operations.

Endeavour Silver achieved the desired production target for its three mines in the first quarter of 2020: https://www.commodity-tv.com/play/endeavour-silver-investor-update-april-2020/. Approximately 860,000 ounces of silver and almost 8,500 ounces of gold were produced. H.C.Wainwright & CO has just recommended Endeavour Silver for purchase again.

MAG Silver - https://www.commodity-tv.com/play/mag-silver-next-silver-producer-in-mexico-corporate-update/ - and its partner Fresnillo will start production from the Fresnillo underground mine ahead of schedule in mid 2020. The mine is located in the high-grade Fresnillo district of the Mexican state of Zacatecas.

The latest company information and press releases from Endeavour Silver (https://www.resource-capital.ch/en/companies/endeavour-silver-corp/) and MAG Silver (https://www.resource-capital.ch/en/companies/mag-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/ 

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required