One is inflation, which usually causes precious metal prices to rise. Silver coins are also suitable as an emergency currency. Even if the digital euro is not yet present, it will come. This should provide more confidence in precious metals, and silver in particular, as it is more easily denominated for use than the nominally more valuable gold. In addition, silver is often consumed. When used in alloys or cables, the metal is lost. The 5G technology, displays or even the RFID chips (Radio Frequency Identification Devices) need silver. The RFID radio chips for wholesale and the logistics industry may only need small amounts of silver, but they do so billions of times over.

The high-tech industry will increasingly demand silver. This is because silver combines the best electrical conductivity, low electrical resistance and the highest light reflection. Mobility and communication can no longer do without mobile power storage and thus without silver. Flexible electronics in particular will lead to an increasing demand for silver. The range of applications for the precious metal is almost endless. Sensors, medical devices, vehicles, jewelry, coins, solar panels, space travel, photography and computers all consume the precious metal during production. For example, the rear window of the car contains silver for the process of ice defrosting. Silver is the business of MAG Silver and Discovery Silver.

MAG Silver – https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ – has an interest in the Juanicipio project in Mexico (44 percent), and commercial production has just started. MAG Silver also has interests in other projects in the USA and Canada.

Also in Mexico, in Chihuahua, is Discovery Silver’s – https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ – 100 percent owned Codero project. It is one of the largest undeveloped silver reserves in the world.

Current corporate information and press releases from Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -) and MAG Silver (- https://www.resource-capital.ch/en/companies/mag-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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