Is Pan American Silver Going to $70?

All that glitters isn't gold, and that's particularly true for Pan American Silver (NYSE: PAAS).While the Canadian mining company does extract gold, its primary metal is silver. Like gold, silver has jumped to record highs in recent months, reaching $121.62 an ounce in late January, though as of Feb. 28, it was down to a still-lofty $93.66.Silver isn't merely an investment. It's also a widely used physical resource. It is an excellent conductor of electricity and is used in components for an array of products, including electric vehicles (EVs), batteries, medical supplies, computers, solar panels, and, of course, jewelry.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool