SOURCE: The Bedford Report

The Bedford Report

November 30, 2011 08:16 ET

Silver Prices Ready to Rocket - Miners Hope to Follow

The Bedford Report Provides Equity Research on iShares Silver Trust & Silvercorp Metals

NEW YORK, NY--(Marketwire - Nov 30, 2011) - With the price of Silver remaining high, analysts and investors are beginning to question the underperformance of Mining and Streaming stocks. Paul Simon, chief investment officer of Tactical Allocation Group, argues that "investors in miners still have to account for business risk and global uncertainty." Simon adds that "part of the problem miners face is they're located in countries with governments in bad fiscal positions or uncertain political climates." The Bedford Report examines the outlook for companies in the Silver Industry and provides equity research on iShares Silver Trust (NYSE: SLV) and Silvercorp Metals Inc. (NYSE: SVM) (TSX: SVM). Access to the full company reports can be found at:

www.bedfordreport.com/SLV

www.bedfordreport.com/SVM

Both the precious metals, gold and silver, kicked off the week on a positive note, on brisk buying by stockists and jewellers for the ongoing marriage season amid a firming global trend. According to recent reports from Bloomberg, silver could be poised to benefit from an improving European economy more than other precious metals as it also serves a purpose as an industrial metal.

Heading into the New Year, silver could be poised to see an uptick. "Conditions in 2012 are likely to remain highly supportive of further growth in investment demand, underpinning additional price gains," Philip Klapwijk, Global Head of Metal Analytics for the group, told an annual meeting of The Silver Institute.

The Bedford Report releases stock research on the Silver Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Silvercorp Metals Inc. is engaged in the acquisition, exploration, development and mining of high-grade silver-related mineral properties in China and Canada. Silvercorp is the largest primary silver producer in China through the operation of the four silver-lead-zinc mines at the Ying Mining District in the Henan Province of China. Silvercorp reported third quarter earnings of $18.5 million or 11 cents a share, up from $12.4 million or eight cents a share in the same quarter of 2010, on revenues of $62.1 million, up 71 per cent from 2010 revenues of $36.4 million. Aided by higher revenues, Silvercorp Metals hiked its dividend going forward. The miner with operations in China raised its dividend from two cents a quarter to 2.5 cents.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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