Silver as a Diversification for Your Portfolio
Investors looking to strengthen their portfolios should consider investing in silver.
(PresseBox) - Like gold, silver acts as a safe haven. As an industrial metal, the "little brother of gold" offers growth potential, risk mitigation, and stability—especially valuable during financial or geopolitical crises. Similar to gold, silver can hedge against inflation and currency devaluation. Today, demand for silver is rising in the automotive, renewable energy, and electronics sectors. A combustion engine vehicle contains between 0.5 and 0.9 grams of silver, while hybrid or electric vehicles require significantly more. Additionally, the global shift toward renewable energy and increasing electrification will drive growing silver demand well into the future.
This year, industrial demand for silver is expected to reach a new record of 1.2 billion ounces. Meanwhile, supply is estimated at around 1 billion ounces, setting the stage for a growing deficit. A supercycle for silver could be on the horizon, as technological innovations continue to emerge. Currently, technical analysts see the potential for silver prices to resume their long-term upward trend after breaking above $31.53 per ounce.
Bridging the gap between supply and demand is no easy task. New mining projects require significant time to develop, and the imbalance between demand and supply could persist for a long time. Silver projects that successfully address challenges such as environmental requirements and are located in favorable mining regions should hold a competitive advantage.
Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns the exceptional Cordero Project, with reserves of approximately 302 million ounces of silver. It is one of the largest silver development projects in the world.
Also based in Mexico, Vizsla Silver - https://www.commodity-tv.com/play/vizsla-silver-straight-ahead-towards-production-updated-resource-coming-in-early-2025/ - is advancing its promising Panuco gold-silver project, which is expected to produce more than 15 million ounces of silver equivalent annually.
For current corporate updates and press releases, visit Vizsla Silver (- https://www.resource-capital.ch/de/unternehmen/vizsla-silver-corp/ -) nd Discovery Silver (- https://www.resource-capital.ch/de/unternehmen/discovery-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/.
Unternehmensinformation / Kurzprofil:
Datum: 11.12.2024 - 15:21 Uhr
Sprache: Deutsch
News-ID 715164
Anzahl Zeichen: 4495
contact information:
Contact person: Jörg Schulte
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Kategorie:
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