Silver – on the way up

History books show how gold and silver unfold their potential as a hedge against currency devaluation and for bad times. In the Roman Empire, around 2000 years ago, the silver content of the coins in circulation at the time was continually reduced. The state coffers were empty, and this was necessary in order to finance war expenditure, among other things. Today, the German Ministry of Finance is not necessarily making it any easier for citizens to build up a precious metal reserve for their retirement.

Until now, the federal government has issued a number of 20-euro silver coins each year. These consist of 18 grams of 925 silver, i.e., 16.65 grams of pure silver. The value of this silver rose above the coin’s face value. The value of the 25-euro coins issued at Christmas deviated even more strongly. This coin, featuring the Three Kings as its theme and motif in 2025, is the first to be issued in a different form (22 grams of silver) than usual. Collectors who collect German silver coins in the future will now be shortchanged. Either there will be less silver for the same money or more will have to be paid for the 16.65 grams.

The price of a troy ounce of silver is currently just over $50. The all-time high was reached on October 17 on the spot market at $54.48. The price correction that began in mid-October has thus been neutralized again. There is now an opportunity for the rally to continue to around US$54.50 per ounce. If this happens, a price of US$60 per ounce is possible in the medium term from a technical perspective. Short-term setbacks cannot cloud the positive overall picture. The silver held by mining companies in the ground has also increased in value.

Discovery Silver – https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ – owns the extremely promising Cordero project in Mexico. The reserve amounts to more than 300 million ounces of silver. The company has also recently started producing gold, with more than 50,000 ounces in the second quarter.

Vizsla Royalties – https://www.commodity-tv.com/ondemand/companies/profil/vizsla-royalties-corp/ – owns two NSR royalties. One is a 2% interest in the Panuco property in Mexico, which is a primary, high-grade silver resource. The other is a 3.5% interest in the Silverstone concessions.

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

Sources:

https://derivate.bnpparibas.com/daily-edelmetall?utm_source=finanzen.net&utm_medium=content&utm_content=daily_edelmetall&utm_campaign=news-finanzen.net-Emittenten_Chartanalyse;

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