Home » Internet » Increasing demand for silver for electrical and electronic applications

Increasing demand for silver for electrical and electronic applications




Silver has a dual function, is industrial metal and investment metal.

According to the Silver Institute, demand in the industry is expected to increase in the current year. The booming photovoltaic sector is responsible for this on the one hand, and the increasingly electrified automotive sector and applications in connection with the 5G network on the other. Also, many mobile devices cannot do without silver. Looking at physical silver investments, there should be double-digit growth in 2022, according to forecasts. Uncertainties, trouble spots such as the Ukraine debacle just now, as well as great inflationary pressure should make private investors increasingly reach for silver. This also applies to India, where economic conditions are improving, and private Indians have more money for silver.

At the beginning of the current year, the growth expectations for the gross domestic product of several major economies were lowered. So, if the U.S. rate hike cycle turns out to be lower than assumed – and that\-s how it looks at the moment – then a further increase in investor interest should also ensure higher prices for silver. Indeed, the Ukraine crisis is intensifying, which is moving the price of gold and also silver.

Unlike gold, silver is the vehicle for reducing carbon emissions, and so more of these long-term opportunities for silver should be in focus, so should mining companies with silver, such as Discovery Silver – https://www.youtube.com/watch?v=wWFlkXI2His . Its Cordero silver project is located in Mexico and is pleasing with very good drill results. A pre-feasibility study is expected to be completed this year.

Vizsla Silver – https://www.youtube.com/watch?v=2csTryv7sEQ – is also located in Mexico with the previously producing Panuco silver-gold project and is scoring drill results.

Current corporate information and press releases from Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -) and Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-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/





Posted by on 25. February 2022. Filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Archive

Recent Comments

    © 2022 So-Co-IT. All Rights Reserved. Log in - Copyright by LayerMedia


    Blogverzeichnis - Blog Verzeichnis bloggerei.de Blog Top Liste - by TopBlogs.de Bloggeramt.de