Silver can do a lot
Silver is not only highly valued by investors or in industry. Silver also scores with special abilities from a medical point of view
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Artificial nerve cells with silver advance artificial intelligence (AI) and silver will probably play a key role in this important area. Because human brain nets are to be imitated, the precious metal silver with its excellent conductor properties comes just at the right time.
Silver is also a kind of natural remedy. It is said to work as an alternative to antibiotics without serious side effects. It is precisely the increasing resistance to antibiotics that could lead to a renaissance of silver as a means of killing pathogens. Silver threads are used today to equip computer keyboards or textiles with antibacterial functions.
Silver is particularly important in the production of solar cells. Since various governments support this, it is expected that the photovoltaic industry will consume more silver in the coming years. Silver coins and bars, silver jewellery and, last but not least, silver funds and ETFs together with the industry form the demand.
Price and demand for silver have risen this year. At the same time, mine production is declining. Experts therefore see rising silver prices and consider the current silver price to be too low.
It is good that there are companies with silver in the ground, such as MAG Silver or Discovery Metals. MAG Silver - https://www.commodity-tv.com/play/zuri-invest-gala-dinner-panel-discussion-with-mag-silver-gatling-exploration/ - will start production next year together with its partner Fresnillo on the Juanicipio silver project in Mexico. Soon the mills will be at the project and the processing plant is under construction.
Discovery Metals - https://www.commodity-tv.com/play/discovery-metals-well-financed-for-development-further-exploration-at-cordero/ - is also active in the silver country Mexico. The Cordero silver project and the Coahuila silver-zinc project there could develop into lucrative projects. The Cordero Project is one of Mexico's major porphyry targets for silver, gold, zinc and lead.
Current corporate information and press releases from MAG Silver (https://www.resource-capital.ch/en/companies/mag-silver-corp/) and Discovery Metals (https://www.resource-capital.ch/en/companies/discovery-metals-corp/).
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