Energy turnaround creates strong outlook for silver demand(PresseBox) (Herisau, )
The photovoltaic industry is another important consumer of silver. Due to increasing demand, the silver price should benefit from supply shortages. In 2021, the industry grew by 13 percent. Physical demand for silver coins and bars is rather volatile. After all, it was 36 percent higher last year than the year before. In terms of price, silver is likely to be historically undervalued compared with gold and is gaining in attractiveness as an investment. From a fundamental perspective, analysts suspect that in the longer term supply will not be able to keep pace with demand. There has also been a physical deficit in the silver market since 2019. That's where investing in companies with silver, such as MAG Silver or Chesapeake Gold, would be an idea. MAG Silver - https://www.youtube.com/watch?v=mtGsZHUDlbo&t=20s - has already been mining material at the Juanicipio project in Mexico since late 2020. Its partner is Fresnillo. Chesapeake Gold - https://www.youtube.com/watch?v=ZQHD1y5fPuk&t=4s - has gold and also silver in its projects, which are located in North and South America. The flagship project is the Metates project.
Current company information and press releases from MAG Silver (https://www.resource-capital.ch/...)
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