SOURCE: World Street Fundamentals

May 13, 2011 09:00 ET

Today, "the Era of Silver" - Analyst Reports on Pan American Silver and Silver Standard Resources Inc.

HONG KONG--(Marketwire - May 13, 2011) - Today, released its industry report highlighting Pan American Silver Corp. (NASDAQ: PAAS) (TSE: PAA) and Silver Standard Resources Inc. (NASDAQ: SSRI) (TSE: SSO). Full fundamental and technical analysis is available at

Silver has entered into prominence, but the real fundamentals behind spot prices remain relatively lower than current market sentiment. A historical review of available data shows increased investor interest -- not industrial demand or supply shortages -- remains the main factor behind recent market runs above economic watermarks of $21 per troy ounce. Economic demand for silver only grew by 12.8 percent to 878.8 Moz during 2010.

Despite the data, sales of American Eagle Silver Bullion coins have increased by 223 percent over the past five years, while inventories of Exchange Traded Fund's physical holdings have increased even further, up by 526 percent. Looking forward, investors are expected to remain bullish and according to reports released by GFMS, average spot prices on silver during 2011 are expected at $28 an ounce. As a result, assets backed by precious metals in with strong fundamentals are expected to see continued momentum.

World Street Fundamentals has highlighted Pan American Silver for its focus on silver mining and related activities, including exploration, extraction, processing, refining and reclamation. The Company's primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia. The Company has project development activities in Peru, Mexico and Argentina, and exploration activities throughout South America and Mexico. The entire report on Pan American Silver Corp. (NASDAQ: PAAS) (TSE: PAA) is available here:

World Street has highlighted Silver Standard Resources for its portfolio of silver-dominant projects located in seven countries in the Americas and Australia. The Company's project, Pirquitas Project is focused on operating and producing silver. The Company is focused on advancing its five other principal projects, including the San Luis project, the Pitarrilla project, the Diablillos project, the Snowfield project and the Brucejack project.. The entire report on Silver Standard Resources Inc. (NASDAQ: SSRI) (TSE: SSO) is available here:

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