Researchers are working hard on silver applications. For example, silver installed in shower fittings has a disinfecting effect on the water. Many facilities have water filtration systems that are based on silver. Especially after the closings of large buildings due to the corona pandemic, there is fear that more bacteria will settle and multiply in water pipes. Many are probably familiar with Legionnaires’ disease, which can be found in the lines, especially in older buildings. If no water runs through the pipes for a long time, the water quality can suffer.
Silver atoms can be used to create a catalyst that removes toxic chemicals. Around half of the silver today goes to industry. In 2019, the total silver demand was around 31,000 tons. Of course, the silver price had to give up during the corona pandemic, but it has recovered very well. Because investor demand has risen sharply.
Many investors like to look at the gold-silver ratio. It is currently a good 72. To buy one troy ounce of gold, you currently need a good 72 ounces of silver. In March, the gold-silver ratio marked a new record at 123. If the value is above 80, silver is cheap compared to gold. If the values go below 40, silver is expensive. An investment in silver is currently interesting. Because many experts still see room for improvement in the gold price and the silver price is usually pulled up by the gold price. With silver stocks a lever on the silver price can be acquired again. For this, an investor should look at strong silver companies such as Endeavor Silver or Summa Silver.
Summa Silver – https://www.rohstoff-tv.com/play/mining-newsflash-mit-tarachi-gold-isoenergy-summa-silver-und-trillium-gold/ – Explores the historic Belmont mine in Nevada. It used to be one of the most productive silver mines in the United States. Summa Silver has just acquired a 100 percent stake in a property in New Mexico.
Endeavor Silver – https://www.rohstoff-tv.com/play/mining-newsflash-mit-trillium-gold-und-endeavour-silver/ – owns three producing silver mines in the silver country of Mexico and was able to sell 634,000 ounces of silver and around 5,200 ounces of gold in the second quarter of 2020 – a whopping income.
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/ -).
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