Silver is the investment to watch and hold in 2020. Well at least if you like to make money and have rock-solid investments.
So why do I say that Silver is the one to watch. Well, there are a few reasons for it.
First of all, should you keep in mind that the annual Silver mining is steady going down by 2% a year.
Actual is the situation for the mining companies even worse. The quality of the mined Silver is going down and the costs are going up.
Investing in the mining sector is a tricky sector. Capital intensive, political and environmentalists pressure are things to keep in mind. In act are most announced mining operations never going to come into production.
The big problem for the Silver industry is that most miners are mining something else. Like gold, copper and so. So there is no healthy mining industry for the Silver industry.
If you keep in mind that silver is needed for many industrial applications (like solar panels) you see the signs for upward potential.
A good moment to start in the Silver industry is by exploring the Profitable Silver Report.