The Silver Age has begun
From about mid-January to early April, the price of precious metals usually rises. Currently, the silver price has also lagged significantly behind the gold price. The silver-gold ratio is currently a good 80. Looking at the last 15 years, the pattern was pretty much the same in 11 cases - silver prices rose in the period mentioned. On average by 16 percent.
The reason for this development is that silver is an industrial metal. At the beginning of a year, the industry orders the most silver, because companies usually plan ahead for the year, even if silver can be purchased more cheaply later in the year.
The analysts of the investment bank JP Morgan, on the other hand, see silver prices rising in the second half of 2019. Because they see a recovery of the gold price, which will pull the little brother silver upwards with itself, whereby they trust the silver price a better development than the gold price. The price-driving factors in silver are similar to gold in the US dollar and investor demand for a safe haven. For example, JP Morgan analysts see the silver price averaging 17.35 US dollars for the fourth quarter of 2019 and 17.60 US dollars for 2020.
If you are interested in silver companies you should take a closer look at Endeavour Silver or MAG Silver, both located in the silver country Mexico. Endeavour Silver - https://www.commodity-tv.net/c/search_adv/?v=298798 - produced a total of 5.5 million ounces of silver and nearly 53,000 ounces of gold in 2018. This silver came from the Guanacevi, Bolanitos and El Cubo mines. A fourth mine, El Compas, is currently in operation. The development of a fifth mine, Terronera, will start in 2019.
MAG Silver - https://www.commodity-tv.net/c/search_adv/?v=298561, together with its partner Fresnillo, is developing the Juanicipio Silver project estimated at approximately 200 million ounces of silver. It is in the Fresnillo trend in Mexico, in one of the world's best silver areas.
Current corporate information and press releases from Endeavour Silver (https://www.resource-capital.ch/en/companies/endeavour-silver-corp.html) and MAG Silver (https://www.resource-capital.ch/en/companies/mag-silver-corp.html).
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