Citigroup (NYSE:C) Sees Silver Outperforming Gold

Over the medium term, Citigroup (NYSE:C) says silver prices could outperform gold prices, as industrial demand for silver continue to rise. Citigroup analyst David Thurtell said this, “Gold is likely to encounter repeated resistance at the US$1,250 mark over the coming month. The seasonal low period for buying in India is upon us, which will take some of the heat out of the market.” Over the

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China Running Out of Gold?

China’s Gold SupplyChina has increased gold production in the country in a relatively few years to become the largest gold producer in the world in 2007. That surprised everyone at the time because to do it China’s output grew at an extraordinary annual rate of 84 percent. At that rate of production, the question must be raised as to whether China is going to run out of gold any time soon.If they

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