CPM Yearbook Says Silver Likely to Stabilize Later
By GCRU Gold News on Wednesday, May 7 2014, 08:17 - Permalink
Silver prices are likely to stabilize this year, as increased interest from investors balances out greater production of the metal by miners, commodities consulting firm CPM said in a Wall Street Journal article. A period of stabilizing prices “should provide investors with confidence to step in as buyers, as their fears that prices could continue to decline are quelled,” CPM analysts wrote in their annual Silver Yearbook, which was released Tuesday.