On the one hand, the silver price rises from mid-December to February. Secondly, a second phase of price increases begins around the end of June / beginning of July and lasts until almost the end of September. If you look at 52 years, it was true 31 times. This could now be the ideal time to focus on silver investments.
During these two phases, silver made an average profit of almost five percent. This would be an annual return of more than 22 percent (according to Seasonax). The silver price recently reached $ 18.40 a troy ounce, the highest since the end of February. There are enough silver fans. For example, the silver ETFs recorded by Bloomberg achieved enormous inflows (4,150 tonnes) in the second quarter of 2020 – as much as global silver production will take in two months.
The silver-gold ratio is currently around 100. Silver in particular has the ability to outperform gold. Because investors who have not jumped on the gold train, although this has probably not yet completely gone, now seem to be increasingly turning to silver.
There is also likely to be strong demand from industry. China, for example, imported more than twice as much silver in April than in the same month of the previous year. For investors who prefer to flirt with silver companies instead of physical silver, Summa Silver or Endeavor Silver could be of interest.
Summa Silver – https://www.rohstoff-tv.com/play/summa-silver-fokus-auf-neue-entdeckungen-in-einemhistorischen- Bezirk/ – focuses on the exciting historic Belmont gold-silver mine located in Tonopah, Nevada. Hardly anything has been done since commercial production came to a halt in 1929. The Tonopah district produced enormous gold-silver grades (679 grams of silver and 7.3 grams of gold per ton of rock).
Endeavor Silver – https://www.rohstoff-tv.com/play/newsflash-mit-vizsla-resources-oceanagold-goldmining-und-endeavour-silver/ – has been a successful producer with three silver-gold mines in Mexico for almost 16 years. There are also a number of exploration and development projects in Chile and Mexico.
Current company information and press releases from Summa Silver (- https://www.resource-capital.ch/de/unternehmen/summa-silver-corp/ -) and Endeavor Silver (- https://www.resource-capital.ch/de/unternehmen/endeavour-silver-corp/ -).
In accordance with section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the companies in question and that there is therefore a potential conflict of interest. No guarantee for the translation into German. Only the English version of this news applies.
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