For physical silver trading, London is considered the center. Most paper trading takes place on the COMEX division of the New York Mercantile Exchange or NYMEX. But there is also busy trading in Hong Kong, for example. Those who fancy silver can buy bars or coins, participate in paper trading via the futures market, or buy the equity securities of silver companies. The last two options eliminate the need for costly storage and give investors greater flexibility. It is also possible to invest in silver via ETFs, although an ETF cannot usually be exchanged for the precious metal itself.
Also, supply chain disruptions caused by Corona have made buying physical silver more difficult recently. Since silver products are often limited, the buyer may also have to pay higher premiums than usual. Silver is dependent on supply and demand dynamics. In addition, the metal is in demand by industry and investors. In industry, there are an incredible number of applications that need silver. With its unique chemical and physical properties, the shiny white metal is best at conducting heat and electricity. In catalytic converters, batteries, in medicine, in electronics or in the automotive industry, silver is present in an increasing number of applications.
Even though there are always precious metal manipulations on the market, silver mining stocks should not be missing in the portfolio of a well-positioned investor. These include Denarius Silver and Discovery Silver.
Denarius - https://www.youtube.com/watch?v=qF5UyeDX-Rs - has projects in Spain (Lomero with gold, silver, copper, lead and zinc) and in Colombia (Guia and Zancudo) and is well financed.
Discovery Silver - https://www.youtube.com/watch?v=qF5UyeDX-Rs - owns, among others, the main Cordero project, which hosts one of the world's largest silver resources. The first drill program has already exceeded the company's expectations.
Current corporate information and press releases from Denarius Silver (www.resource-capital.ch/en/companies/denarius-silver-corp/) and Discovery Silver (www.resource-capital.ch/en/companies/discovery-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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