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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Investor interest in silver.....

posted on May 11, 2010 01:27PM

Investor interest in silver to remain strong over several years - CPM

New York metals consultants CPM Group says investors remain concerned about financial market and economic conditions and continue to hoard large amounts of silver.

Author: Dorothy Kosich
Posted: Tuesday , 11 May 2010

RENO, NV -

New York metals consultants, CPM Group, forecasts that investment demand for silver will remain firm this year and may even surpass last year, when investors bought an estimated 209.7 million ounces of bullion.

In its annual Silver Yearbook 2010 which was made public today, CPM projects that investors will purchase another 213.9 million ounces in 2010.

"Given the severity of today's financial imbalances, and the fact that major governments have allowed them to compound over the ensuing three decades, it seems fair to assume that investors will remain concerned about their financial futures for years to come, and consequently remain interested in buying more silver to add to their portfolio," CPM's analysts said.

"Thus it is reasonable to assume that investors will continue to add large volumes of silver to their inventories in 2010 and for the next several years."