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Silver is found in a lot of countries. However, some countries are affluent in silver compared to others. Their silver production scale is larger, and there is no threat to silver production in these countries. Raw material analysts claim that currently, Mexico and Peru are the prime hotbeds for producing silver. These two countries form the foundation of world silver production. Continue reading
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The near future of precious metals such as silver and gold seems cloudy. Prices on these shiny metals are declining as a result of the dollar’s rally. The dollar went up high by 6% last month, and at the same time, gold fell by 11%.
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There has been a lot of fanfare over gold in the global economy as a safe haven investment. Equity markets worldwide fell while the US struggled to rear its head above debt in the last month. Continue reading
China was the market for almost 23 % of the international consumption of silver. If you have been wary of investing in silver, now is definitely the time to reconsider. The Hong Kong Mercantile Exchange has just started trading on silver futures. This will grant Asians direct access to the dollar-denominated Chinese silver futures and lower the US prominence in the trading of silver bullion. Continue reading