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Silver bars in hot demand

Investors love silver, the industry needs it, and sometimes silver and gold are also stolen.

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Silver bars in hot demand

Investors love silver, the industry needs it, and sometimes silver and gold are also stolen.

Recently, silver bars worth almost one million US dollars disappeared from trucks. These were traveling between Sydney and Melbourne in Australia. To be precise, there were 192 silver bars, each weighing five kilograms. The theft was reported when the trucks arrived in Melbourne. It is not yet known whether the police's appeal to the public for help will be successful. Gold and silver are always highly prized by thieves; not only storage, but also transport can lead to loss.

Last year, for example, gold coins worth 50,000 euros were stolen from the car of a private driver in Leipzig. The man had presumably taken the gold coins from a safe at his bank. Many people can still remember the spectacular theft of the "Big Maple Leaf" gold coin from the Bode Museum in Berlin. 3.7 million in value was stolen at the time. The thieves of the world's largest coin have since been convicted.

Even banks are not always immune to thieves. Once, a bank branch in Düsseldorf was being remodeled. Then gold bars that had been in the vault suddenly went missing. To date, the robbers have not been caught. To eliminate all risks of storage is hardly possible. Of course, insurance is helpful. There are no problems with storage, transport and theft, if investors with shares of precious metal companies bet on gold and silver. In the case of silver, Kuya Silver or Tier One Silver would come into consideration.

Kuya Silver - - owns in its portfolio the formerly producing Bethania property in Peru. It also owns the Silver Kings project, located in the most prolific silver mining camp in northern Ontario.

Tier One Silver - - is looking after several precious metal projects in Peru, the main project being the Curibaya property with high-grade mineralization.

Latest corporate information and press releases from Kuya Silver ( and Tier One Silver (

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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