Silver price super cycles
Super cycles extend over ten to 20 years or even up to 40 years. From a historical perspective, silver has proven its worth in times of geopolitical and economic crises. It protects against inflation, currency devaluation and financial instability. This is even more true today than in the past. In the USA, silver prices rose after the end of the War of 1812, peaking at more than 45 US dollars per ounce of silver during the American Civil War in 1864. The Sherman Act of 1873 meant that silver was no longer legal tender in the USA. In the 1880s, the price of silver fell significantly in value due to silver inflation. In 1973, the famous attempt by the Hunt brothers to control the silver market took place. Silver reached its all-time high on January 1, 1980, at 49.45 US dollars per ounce. At just under five US dollars per ounce, 1991 saw the lowest silver price in the past 40 years. The price of silver peaked in 2011 following the global financial crisis.
Today more than ever, silver is seen as a store of value at a time when the dominance of the US dollar is wavering. With silver, there is no risk of assets being frozen, as happened after the Russian invasion. Silver also has a significant role in the green energy technology industry today. And the solar panel, energy storage systems and electric vehicle sectors are growing. Another important point in favor of rising silver prices is the significant supply shortages. And the battle to close the gap between supply and demand is not an easy one. Approval deadlines in the mining industry are increasing and the regulatory framework, for example in the area of environmental compatibility, is becoming stricter. Silver as an industrial metal and safe haven should be a successful asset for investors. As should, of course, the shares of silver mining companies such as Endeavour Silver or MAG Silver.
Endeavour Silver – https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ – has projects in Mexico, Nevada and Chile. In Jalisco, Mexico, the company is now developing the Pitarrilla silver, lead and zinc project.
MAG Silver – https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ – is involved in the successful Juanicipio silver mine in Mexico in the Fresnillo Silver Trend. The processing rates and exceptional ore grades speak for themselves.
Current company information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and Endeavour Silver (- https://www.resource-capital.ch/en/companies/endeavour-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.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
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