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Solid Future Seen for Silver
December 10, 2007



Silver Holding Nicely

Through all the hubbub and attention the media has been paying to the spot price movements of Gold, the less valuable precious metal, Silver has been holding it's own very nicely. Silver has stayed above $14 pretty well since late October.

Future visions of silver's outlook are being raised by analysts. The long term prospects for silver are that it will hold at the $14 to $15 level, even with increased production. Demand is expected to outstrip supply over the next three years.

This is the kind of stability long term investors look for in an inflation hedge vehicle. The single largest factor in the accuracy of these optimistic forecasts and in silvers subsequent ability to remain at these levels, would be the continued weakness of the U.S. dollar.

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About the Author
Tom Michael has been Krause Publications primary market analyst on more than 80 world and United States coin catalogs produced over the last 20 years. He came to KP in 1987 with a bachelor of arts degree in history, a master of arts degree in economics and a history of coin collecting stretching back to the 1960s. He began collecting world coins as a child by asking friends and relatives to bring coins back from overseas trips, visiting flea markets and having his mother watch for foreign coins in her register at the local grocery store. Today he works with a dedicated base of over 200 contributors to provide accurate market values for the five-volume Standard Catalog of World Coins series, as well as many specialty catalogs, including Coins & Currency of the Middle East and the fifth edition of Unusual World Coins.

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