Silver can do much
Silver can please not only the investor or lover of jewelry, coins or bars
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Silver can help in the fight against bacteria, fungi, viruses or algae. In the process, the silver mass is preserved. Efforts to contain the pandemic could spur research into new products. Silver is also used in medicine for imaging, for example. There is also increasing demand for silver nanowires. These are an important component of all modern vehicles, as silver is the metal with the highest electrical conductivity. And this is a growing market.
Currently, the silver price has lost some ground, probably also in the wake of the gold price, which could not stabilize. From a chart perspective, it could still go down before a countermovement sets in. The chart technicians see this point at 24.18 U.S. dollars per fine ounce of silver. There it is called to use favorable entry prices. At the moment, the significantly increased U.S. dollar is certainly also a reason why the price of gold and silver can not really trend upwards.
However, the inflation trend should not be ignored. Inflation is rising in this country, and also in the USA. This means faster demonetization and real interest rates are becoming even more negative. That means the demonetization is picking up speed. There a part of the investment assets should be parked in the precious metals like gold and silver, for example in companies like Summa Silver or Kuya Silver.
Summa Silver is pursuing exploration programs in two highly prospective high-grade silver regions, the Hughes Project in Nevada and the Mogollon Project in New Mexico.
Kuya Silver - https://www.youtube.com/watch?v=3qbOekOX9Ng - owns the Bethania project in Peru. This was in production mode until 2016, producing silver, lead and zinc.
Current corporate 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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