Silver prices could shrug off bearish fundamentals GFMS
Nov 09, 2004 | 11:33 AM
|
Mine production of silver will likely rise in 2004 while demand falls, but that doesn't mean investors should expect silver prices to decline, according to Philip Klapwijk, executive chairman of London-based Gold Fields Mineral Services Ltd. (GFMS).
Speaking at the Silver Institute's annual Silver Industry Dinner in New York Monday night, Klapwijk said demand likely would fall 1.7 percent in 2004 vs. 2003 while mine production would rise by 1 percent.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here