Gold and silver coins are expensive – better gold and silver stocks

The so-called premium for gold and silver investment products is currently high due to the strong demand.

There is currently no sign of a decline in investor interest. A return to normal precious metals trading is not yet in sight. For example, last week a gold Krugerrand cost € 1,692.74, while the gold price was € 1,599.60. A Maple Leaf silver coin cost an average of EUR 21.62. This is a premium of a good 30 percent on the silver price.

Silver experts anticipate a further possible increase in the silver price. It should also be possible to have $ 20 a troy ounce or even more. The silver price has reached its highest level in ten months. And ETF inflows are still very high. This has been around 1,100 tons since the beginning of July. Rising corona numbers and the still smoldering trade dispute between the United States and China are causing strong investor interest.

Instead of expensive coins and bars, an investment in the values ​​of gold and silver companies is worth considering. Because here you still get a lever on a rising precious metal price.

Summa Silver – Bezirk/ – Has high grade silver and gold mines in Nevada that have previously produced successfully. There is, for example, the Belmont mine, located in the Tonopah district. This was allegedly discovered while looking for a runaway donkey and an average of 3,500 grams of silver per ton of rock was found.

Also Hannan Metals – – owns the valuable silver (and copper) in his projects in Peru in the San Martin project and in the Claire project in Ireland. A new copper-silver deposit has recently been discovered in the nearby Sacanche area, which is wholly owned by the San Martin project.

Current company information and press releases from Summa Silver (- -) and Hannan Metals (- -).

In accordance with section 34 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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