Silver has potential

If analysts try to give a silver price outlook for the next few years, the result is usually very positive. On the one hand, the flood of money caused by the pandemic has led to enormous debts and with inflation it is easier for the states to deal with the miseries. Inflation drives the price of silver and silver coins can be used as an emergency currency just like gold coins. In addition, the denomination is easier to handle with silver coins. Come digital currency, those who are leerier will be happy to bet on precious metals. If silver held up well in 2020, 2021 was not so pleasing. Looking at the next few years, the potential of the white precious metal should unfold. 2021 can then probably be seen as a temporary period of weakness. This is because silver will play an increasingly important role, for example in the photovoltaics sector.

The industrial metal silver is used in very many industrial production processes, for example in the manufacture of catalysts, but also in filters in large industrial plants. And if an economic upturn comes, silver should be on board as a winner. This is a major advantage over gold. For example, once silver is incorporated into alloys, it is virtually used up. In 2021, according to the Silver Institute, an impressive 47.7 million ounces of silver were put into alloys. In addition to physical silver, there could be lucrative opportunities with silver companies.

There is Summa Silver – https://www.youtube.com/watch?v=kXRpS8YAonw – with its 100% interest in the Hughes property in Nevada and the rights to the Mogollon property in New Mexico, both formerly successful production sites.

Then there is Tier One Silver – https://www.youtube.com/watch?v=9xL1ovr2544 – as an investment opportunity with its noteworthy silver, gold and base metal deposits in Peru.

Current corporate information and press releases from Summa Silver (- https://www.resource-capital.ch/en/companies/summa-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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