An increasingly electrified world also needs more and more silver
About 35 percent of all silver consumed in the U.S. goes into electronics. Lower-cost alternatives can’t compete because of silver’s unique properties. Silver is, after all, a superconductor. Contacts, switches, wires, nano silver paints, automotive innovations, or batteries, silver is virtually ubiquitous, built into many everyday devices. It cools computers, for example, through its thermal properties.
In 2020, around 486 million ounces of silver would enter industrial production. As the world strives to decarbonize, three sectors in particular need silver: the automotive sector including electric vehicles, the solar energy sector, and fifth generation (5G) mobile broadband networks. To be an investor in the upside potential of silver as a commodity, investing in silver companies would be a good way to go. For example, in Kuya Silver or Tier One Silver.
Kuya Silver – https://www.youtube.com/watch?v=NSEOci01l2A – is focused on Peru and Canada. Of note is the Bethania project in Peru, which was producing until 2016 and is now being revived.
Tier One Silver – https://www.youtube.com/watch?v=NSEOci01l2A – is an exploration company and focuses on Peru. There is also the prospective Curibaya project, on which the first drilling program was started.
Current company information and press releases from Kuya Silver (- https://www.resource-capital.ch/en/companies/kuya-silver-corp/ -) and Tier One Silver (- https://www.resource-capital.ch/en/companies/tier-one-silver-inc/ -).
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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