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Thursday, December 26, 2013

Investors Expected To Continue Absorbing Silver

http://www.forbes.com/sites/kitconews/2013/12/24/investors-expected-to-continue-absorbing-silver/

Investment demand will remain a key factor for the silver market in 2014, as there will likely be little slowdown in buyers’ appetite for the metal.
Industrial demand should pick up as the global economy grows, particularly in the U.S., although how much this will affect silver is up for debate. However, continued growth in mine supply and a lackluster outlook for gold will keep silver tethered.

Most bank analysts see average silver prices rising next year, with a range of $19 to $23.

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