Silver is used in a variety of ways and its potential for price appreciation makes it a valuable investment.
Silver is used particularly in sustainable technologies in industry. And the applications will continue to grow. The investment bank UBS sees great potential in the silver market. For the second half of the year, UBS expects a silver price of up to 38 US dollars per troy ounce. A fall in price would only be of a temporary nature. The automotive industry (electronic components and sensors), the electronics sector, the medical sector and, above all, solar energy use the precious metal. Jewelry accounts for around 18 percent of global consumption worldwide. The proportion of silver in coins and bars is similarly high. Photography used to be an important sector, but today it is only around two percent due to new digital technologies.
Silver is not only essential in the high-tech sector, but the price of the precious metal can also rise, particularly in times of economic uncertainty or inflation. Silver also ensures sustainability through its use in renewable energies and in the field of electromobility. If physical silver is purchased, VAT of 19 percent applies in this country. The tax burden can be reduced if the coins are silver with differential taxation. Sales after a speculation period of one year remain tax-free. Nevertheless, the aspect of safe storage remains. In any case, silver, like gold, serves to diversify a portfolio, even if silver is subject to greater price volatility. Investors should therefore also look at the values of mining companies with silver in the ground.
Endeavour Silver - https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ - is already a medium-sized precious metals producer and has projects in Mexico, Nevada and Chile. An estimated 4.5 to 5.2 million ounces of silver and 30,500 to 34,000 ounces of gold are to be produced in 2025. The Terronera project is now in the final construction phase.
Vizsla Silver - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ -, for example, owns gold and silver in Mexico at its high-grade Panuco gold-silver project. The project covers around 7,200 hectares. Test mining is underway. The latest drilling results yielded up to 2,256 grams of silver equivalent per tonne of rock.
Current company information and press releases from Endeavour Silver (- https://www.resource-capital.ch/de/unternehmen/endeavour-silver-corp/ -) and Vizsla Silver (- https://www.resource-capital.ch/de/unternehmen/vizsla-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 mentioned and therefore a possible conflict of interest exists. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute a recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are always associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of all content. Despite the utmost care, I expressly reserve the right to make errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but in no way claims to be accurate or complete. Due to court rulings, the contents of linked external sites are also to be answered for (e.g. Hamburg Regional Court, in the ruling of May 12, 1998 - 312 O 85/98), as long as no explicit dissociation from these is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/.
Silver is used particularly in sustainable technologies in industry. And the applications will continue to grow. The investment bank UBS sees great potential in the silver market. For the second half of the year, UBS expects a silver price of up to 38 US dollars per troy ounce. A fall in price would only be of a temporary nature. The automotive industry (electronic components and sensors), the electronics sector, the medical sector and, above all, solar energy use the precious metal. Jewelry accounts for around 18 percent of global consumption worldwide. The proportion of silver in coins and bars is similarly high. Photography used to be an important sector, but today it is only around two percent due to new digital technologies.
Silver is not only essential in the high-tech sector, but the price of the precious metal can also rise, particularly in times of economic uncertainty or inflation. Silver also ensures sustainability through its use in renewable energies and in the field of electromobility. If physical silver is purchased, VAT of 19 percent applies in this country. The tax burden can be reduced if the coins are silver with differential taxation. Sales after a speculation period of one year remain tax-free. Nevertheless, the aspect of safe storage remains. In any case, silver, like gold, serves to diversify a portfolio, even if silver is subject to greater price volatility. Investors should therefore also look at the values of mining companies with silver in the ground.
Endeavour Silver - https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ - is already a medium-sized precious metals producer and has projects in Mexico, Nevada and Chile. An estimated 4.5 to 5.2 million ounces of silver and 30,500 to 34,000 ounces of gold are to be produced in 2025. The Terronera project is now in the final construction phase.
Vizsla Silver - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ -, for example, owns gold and silver in Mexico at its high-grade Panuco gold-silver project. The project covers around 7,200 hectares. Test mining is underway. The latest drilling results yielded up to 2,256 grams of silver equivalent per tonne of rock.
Current company information and press releases from Endeavour Silver (- https://www.resource-capital.ch/de/unternehmen/endeavour-silver-corp/ -) and Vizsla Silver (- https://www.resource-capital.ch/de/unternehmen/vizsla-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 mentioned and therefore a possible conflict of interest exists. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute a recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are always associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of all content. Despite the utmost care, I expressly reserve the right to make errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but in no way claims to be accurate or complete. Due to court rulings, the contents of linked external sites are also to be answered for (e.g. Hamburg Regional Court, in the ruling of May 12, 1998 - 312 O 85/98), as long as no explicit dissociation from these is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/.
