Silver treasure discovered
Finding antique coins is nice. For investors, silver is also an interesting topic.
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In Switzerland, farmers recently discovered 4,000 ancient Roman coins in a vineyard. The silver and copper coins were hidden in a clay pot. It was found that the coins were buried at regular intervals and were worth about one to two years' salary at the time. Roman coins are mostly found in Great Britain. In 2009, for example, about 60,000 coins were discovered. The find in Switzerland is therefore so remarkable, which in turn makes it so valuable. Coins were usually hidden in large quantities; it is thought they may have been gifts for the gods. Perhaps they were also kept aside for bad times, because their silver content would then have guaranteed a special preservation of value. According to Swiss law, the coins found belong to the public, but the discoverer will probably receive a finder's fee.
Even today, silver stands for value retention and for many forward-looking technologies. After strong silver prices in the last months of 2022, the silver price has gone down again this year. For this year, however, the Silver Institute expects a new record high in industrial silver demand. This is because electromobility and the expansion of green energy will continue to gain momentum. Indian silver jewelry demand is still weakening, as a higher import tax on silver is causing strain. Forecasts of rising silver supply could also weigh on the precious metal. But on the other hand, a rising gold price will be able to lift the silver price along with it. Companies that own gold and silver in the projects, such as Tier One Silver or Vizsla Silver could be worthwhile for investors.
The Panuco project in Mexico is Vizsla Silver's - https://www.commodity-tv.com/play/mining-newsflash-with-vizsla-silver-torq-resources-first-tin-sibanye-stillwater-and-mawson-gold/ - flagship project. Just now, the indicated mineral resources could be increased by 71 percent.
Tier One Silver - https://www.commodity-tv.com/play/tier-one-silver-new-rock-samples-from-magdalena-target-indicate-an-intrusive-system/ - is active in Peru at its main Curibaya project. Other silver, gold and base metal projects in Peru are also in the company's portfolio.
Latest corporate information and press releases from Vizsla Silver (https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ ) and Tier One Silver (https://www.resource-capital.ch/en/companies/tier-one-silver-inc/ ).
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