SOURCE: The Bedford Report

The Bedford Report

June 29, 2011 08:16 ET

Silver Stocks Stable as Industrial Demand Remains Strong

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

NEW YORK, NY--(Marketwire - Jun 29, 2011) - Silver stocks have been relatively steady this month as favorable demand reports have helped offset concerns regarding the slowing economic recovery. With silver demand on the upswing in several emerging economies, silver companies are feverishly boosting production. The Bedford Report examines the outlook for the Silver Market 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

According to reports from SilverSeek, silver's availability on the Comex has fallen 38 percent to 29 million since 2011 began. Meanwhile, the amount available for Comex clients has increased 23 percent to 72 million ounces.

The Silver Institute forecasts that total industrial use of the metal will rise 36 percent over the next five years to more than 665 million troy ounces annually. New technologies in solar energy, water purification and medical instruments are expected to keep industrial demand for the metal surging going forward.

The Bedford Report releases investment research on The Silver Market 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.

Maintaining production costs is critical for all silver companies looking to capitalize on current market conditions. Silvercorp Metals saw a 31 percent improvement in silver production costs in its most recent quarter. During the quarter, Silvercorp said it produced 1.05 million ounces of silver, resulting in a record annual production of 5.3 million ounces of silver and achieved the fifth consecutive year of production growth.

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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