The future is promising for silver

Silver is being used more and more in medicine, technology and industry. And it is an indispensable component in solar technology. This is likely to drive the price upwards. Silver could also replace expensive platinum in the fuel cell sector. Hydrogen fuel cells are among the most environmentally friendly technologies. The only waste product is water. Put simply, there are two electrodes to which hydrogen and oxygen are supplied. Fuel cells are used in space travel.

They have been used for a long time because they have a high energy density, are lighter and more reliable than comparable generators. However, they are quite expensive, as expensive platinum group metals have to be used. Researchers are currently working on fuel cells that contain silver catalysts. Although fuel cell technology is unlikely to become established in the passenger car sector for a long time yet, it is an exciting technology for heavy goods vehicles and should have a future.

In any case, silver should play an increasingly important role in our world. In the wake of technological progress and the desire for clean energy, silver should be a precious metal in demand. Investors who want to invest in physical silver need to consider safe storage. However, adding silver companies to a well-diversified portfolio can reduce the overall risk and provide a hedge. Discovery Silver or MAG Silver are suitable for this purpose.

Discovery Silver – https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ – owns various silver and silver-zinc-lead projects in North America. Of particular note is the Codero project in Chihuahua with very large silver resources.

MAG Silver – https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ – has an interest in the Juanicipio property (44 percent). MAG Silver also owns 100 percent of a silver project in the Abitibi area in Canada and one in Utah.

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

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