SOURCE: The Bedford Report

The Bedford Report

April 19, 2011 08:16 ET

Silver Wheaton and Great Panther Silver Poised to Profit From Precious Metal Boom

The Bedford Report Provides Analyst Research on Silver Wheaton & Great Panther Silver

NEW YORK, NY--(Marketwire - Apr 19, 2011) - The price of silver has been on the upswing this month as a weak US dollar and concerns about European sovereign debt raised investor demand for safe-haven assets. Silver is an interesting investment opportunity as it can be considered both a precious metal and an industrial metal. Besides jewellery, ornaments and utensils, silver is also used in electrical contacts and conductors, in mirrors and in catalysis of chemical reactions. The Bedford Report examines the outlook for the Silver Market and provides research reports on Silver Wheaton Corporation (NYSE: SLW) and Great Panther Silver Limited (NYSE Amex: GPL). Access to the full company reports can be found at:

Growing industrial demand for silver in the international market is a fundamental reason behind silver's spike in price. New technologies in solar energy, water purification and medical instruments are expected to keep industrial demand for the metal surging going forward. In fact, a recent report released from The Silver Institute titled "The Future of Silver Industrial Demand" estimates that the amount of silver used for industrial purposes is estimated to rise to 665.9 million troy ounces by 2015, which would be a 36 percent increase from the 487 million used in 2010.

The Bedford Report releases regular updates 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 and get exclusive access to our numerous analyst reports and industry newsletters.

Those who believe that silver prices will remain near 31 year highs may be inclined to look into silver miners and streamers. Investors in silver miners are banking on rising earnings, as silver prices rise, to provide value.

Last week Great Panther Silver posted higher first-quarter silver production helped by strong recoveries from its Guanajuato mine. The company has set a production target of 3.8 million silver equivalent ounces for 2012 -- part of its three-year strategy to boost production.

Silver Wheaton is a silver streamer, meaning it pays to finance a mine and subsequently gets the right to buy metals produced from that mine. Silver Wheaton's CEO, Peter Barnes, said in an interview with CNBC that silver prices could go through $50 in the next 2-3 years. For the fourth quarter of 2010 Silver Wheaton reported that its net earnings more than doubled to $123 million.

The Bedford Report provides Analyst 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

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