Silver Prices Could See $40 – Philip Newman (Thompson Reuters-GFMS) – IPMI Conference 2012

[youtube rlPOsVrPjNc]

Higher silver prices were a hot-topic at the International Precious Metals Institute’s (IPMI) annual conference in Las Vegas. Joining us to discuss this is Philip Newman, Research Director at Thompson Reuters-GFMS. Newman provides us with an overview of factors driving the markets, such as surplus, mining costs and price-sensitive markets. Furthermore, Newman provides us with GFMS’ price forecasts, which include the possibility of silver prices as high as $40 before year’s end. Kitco News, June 10, 2012.

As well as the most accurate precious metal prices online, Kitco also provides up-to-the-minute news with usable market information. Videos provided by and © Kitco.