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Silver to underperform Gold in near term: BMO

Posted on 23 October 2013

BMO Research said that it looks for silver to underperform gold due to an uncertain industrial demand outlook in the United States in the near term, as well as expectations for significant supply growth in 2014 and 2016.
According to BMO, gold and silver prices to decline through 2014, assuming the US recovery is well under way. Gold could potentially be supported over the longer term by unknown fallout from years of easy money. The last four years of money printing and increasing debt levels are unprecedented, and the medium- to long-term repercussion of these actions can only be speculated………………………………………..Full Article: Source


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