The Internet of Things needs silver

Objects communicate independently via the Internet and thus take over tasks of the owner. It’s about information, automatic orders or emergency functions. Today, billions of devices are connected to the Internet. This increasing automation is also boosting economic activity. In this area, silver plays an important role, because the raw material can be used to establish connections worldwide. In particular, objects for monitoring and tracking, known as radio frequency identification (RFID) devices, are being used in a variety of ways. According to estimates, silver consumption for RFIDs is expected to increase by 400 percent by 2030.

This sector includes household appliances and smartphones. It is no longer unusual to switch on the light or the television with a voice command to "Alexa". And in many devices of this kind, silver is built into the circuit boards or electrical contacts.

Due to the greatest electrical conductivity, silver is so important in the electrical and electronics sector. The metal also plays a major role in renewable energies. According to studies, the share of renewable energies worldwide will increase from around 20 percent in 2020 to 49 percent in 2030. So again, this is an area where silver demand will rise sharply. Moreover, silver has its place as an investment metal. To bet on a rising silver price, silver stocks such as those of Discovery Silver or Tier One Silver are suitable.

Tier One Silver – https://www.youtube.com/watch?v=NSEOci01l2A – is drilling at its Curibaya project in Peru and has begun exploration at its Hurricane project (about 31,000 hectares), also in Peru.

Discovery Silver – https://www.youtube.com/watch?v=qF5UyeDX-Rs – is looking after silver and silver-zinc-lead projects in northern Mexico. The Codero property is the main project.

Current corporate information and press releases from Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -) and Tier One Silver Silver (- https://www.resource-capital.ch/en/companies/tier-one-silver-inc/ -).

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/