Silver – unique applications
An enormous field of application for the precious metal is superconductivity. Saving energy is a central issue today, because energy costs are going up. If electricity is transmitted via wires, power losses can be reduced by up to 30 percent with new technologies. According to the renowned Silver Institute, technologies related to superconductivity could consume up to 50 million ounces of silver annually in the future, which would be an immense 1,550 tons of the precious metal.
Silver often accompanies us in everyday life, for example in mirrors, coatings on glass or metals. A new feature on thermal glass panes is an invisible silver coating. This reflects sunlight and heat. Medical sensors that are applied to the skin of patients help, for example, in the diagnosis and treatment of diseases such as multiple sclerosis. This is made possible by silver embedded in gold. Sensors on clothing are also being researched. The quantities of gold and silver required are so small that the price can remain low.
An important area of application for silver is "green energy", such as wind, hydro and solar power and, of course, the booming electromobility. Those who want to bet on this should take a look at Empress Royalty – https://www.youtube.com/watch?v=d-ptx2yvyfU&t=98s -, a royalty company that brings diversification right along with a solid portfolio and focuses on gold and silver.
Summa Silver – https://www.youtube.com/watch?v=MdRaDrg_1MQ – is also a promising candidate in the silver sector. Options to acquire 100% interests in the Hughes and Mogollon properties in Nevada and New Mexico, respectively, are in the company’s focus.
Current company information and press releases from Summa Silver (- https://www.resource-capital.ch/en/companies/summa-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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