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Silver mine supply may continue to grow in 2014: Report

Posted on 01 October 2013

Global silver mine supply is witnessing an up-trend and is likely to continue with its existing trend in the rest of the year and in 2014. Rise in mine supply may put pressure on the white metal prices to some extent. Silver recorded an up-tick this month after US Federal Reserve stated that its would continue with it’s existing monetary stimulus till the economy reaches its strong growth path.
Analysts expect that US Fed may roll back its stimulus program partially this year and taper entire stimulus by the end of 2014. If the projections come true then, they may negatively affect the silver prices to some extent………………………………………..Full Article: Source


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