Both precious metals should have enormous upside potential and be in the focus of investors.
Perhaps the Fed's next rate hike will be lower. The consequence would probably be a weaker US dollar and declining bond yields. Investors should then turn more to precious metals again. But this is not yet the case. The silver price has also been showing some strength recently. An ounce of silver currently costs just under 20 U.S. dollars. The investment outflows from silver have stabilized, the stocks are largely unchanged. This points to a bottoming out. At 18 U.S. dollars per ounce, there is a support point for gold's little brother. Not only for gold, but also for silver, a strong US dollar and higher bond yields are creating headwinds. For early 2023, analysts say the U.S. dollar should still be strong. So until then, gold and silver prices are still at risk of falling prices.
Even though institutional investors have ignored silver in many cases this year, private investors like silver because demand in this area has been robust. This was and is probably caused by inflation and geopolitical crises. As long as the gold price is under pressure, silver will not make any great leaps in price. However, if the gold price increases, the time is more than ripe for it, then nothing speaks against a huge price jump in silver. In order to position oneself in time, a look at MAG Silver or Denarius Metals is recommended.
MAG Silver - https://www.youtube.com/watch?v=PFbOw_s00ao - takes care of high-grade silver projects in North and South America. The main project is the Juanicipio project in Mexico, in the Fresnillo Silver Trend.
Denarius Metals - https://www.youtube.com/watch?v=PFbOw_s00ao - has gold, silver, zinc, copper and lead in its projects in Spain and in Colombia.
Current corporate information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and Denarius Metals (- https://www.resource-capital.ch/en/companies/denarius-metals-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/
Perhaps the Fed's next rate hike will be lower. The consequence would probably be a weaker US dollar and declining bond yields. Investors should then turn more to precious metals again. But this is not yet the case. The silver price has also been showing some strength recently. An ounce of silver currently costs just under 20 U.S. dollars. The investment outflows from silver have stabilized, the stocks are largely unchanged. This points to a bottoming out. At 18 U.S. dollars per ounce, there is a support point for gold's little brother. Not only for gold, but also for silver, a strong US dollar and higher bond yields are creating headwinds. For early 2023, analysts say the U.S. dollar should still be strong. So until then, gold and silver prices are still at risk of falling prices.
Even though institutional investors have ignored silver in many cases this year, private investors like silver because demand in this area has been robust. This was and is probably caused by inflation and geopolitical crises. As long as the gold price is under pressure, silver will not make any great leaps in price. However, if the gold price increases, the time is more than ripe for it, then nothing speaks against a huge price jump in silver. In order to position oneself in time, a look at MAG Silver or Denarius Metals is recommended.
MAG Silver - https://www.youtube.com/watch?v=PFbOw_s00ao - takes care of high-grade silver projects in North and South America. The main project is the Juanicipio project in Mexico, in the Fresnillo Silver Trend.
Denarius Metals - https://www.youtube.com/watch?v=PFbOw_s00ao - has gold, silver, zinc, copper and lead in its projects in Spain and in Colombia.
Current corporate information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and Denarius Metals (- https://www.resource-capital.ch/en/companies/denarius-metals-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/
