You should have silver
The silver-gold ratio is at an extremely high level. Silver is therefore valued very low. This price neglect gives the precious metal an extraordinarily good risk-reward ratio. The possibility that real interest rates will continue to fall should also help to raise silver prices. Added to this is the fact that global silver production has been declining for three years.
According to calculations by Commerzbank experts, in 2019 a supply of 1,016 million ounces of silver will be matched by demand of 1,094 million ounces of silver. For 2020, they forecast a supply of 1,019 million ounces and demand of 1,103 million ounces of silver.
So where does all that silver come from, just over 50 percent of which goes to industry? Some of the world's most productive silver mines are located in the Mexican states of Zacatecas, Sonora and Durango. There are even silver mines in Mexico that have been mining for four centuries without interruption. And Mexico is the second largest economy in Latin America. Around 22 percent of global silver production in 2017 came from Mexico.
An important silver consumer for Mexico is the USA. 48 percent of American silver demand comes from Mexico. About a third of silver is used in the USA for electricity and electronics.
Also located in Mexico are the silver companies Endeavour Silver and MAG Silver with their projects.
Endeavour Silver - http://www.commodity-tv.net/c/search_adv/?v=299166 - produces at four high-grade silver-gold mines in Mexico. Also the fifth and largest mine (which may soon go into production) of Endeavour Silver, Terronera, is located in a historic silver mining area of Mexico.
MAG Silver - http://www.commodity-tv.net/c/search_adv/?v=299118 -is working with partner Fresnillo on the production maturity of the Juanicipio silver project in Mexico, which is expected to go into production in 2020. Another MAG Silver project is the Cinco de Mayo silver project, which is 100 percent owned by the company.
Current corporate information and press releases from Endeavour Silver (https://www.resource-capital.ch/de/unternehmen/endeavour-silver-corp/) and MAG Silver (https://www.resource-capital.ch/de/unternehmen/mag-silver-corp/).
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