Silver prices have been volatile in recent months as a slowing global economy has hurt industrial demand for the metal. On the upside, due to the unstable economy, HSBC analyst James Steel argues that investor demand for silver as a safe haven asset could be on the upswing heading into the New Year. "Coin and bar demand is a growing component of the silver market," Steel said. "We believe that demand for these products reflects widespread retail investor concerns about inflation, economic uncertainty, and fiscal profligacy, European sovereign-debt risks, and geopolitical tensions." The Paragon Report examines investing opportunities in the Silver Industry and provides equity research on Silver Wheaton Corporation (NYSE: SLW) (TSX: SLW) and Coeur d'Alene Mines Corporation (NYSE: CDE) (TSX: CDM). Access to the full company reports can be found at:

www.paragonreport.com/SLW

www.paragonreport.com/CDE

HSBC recently lifted its 2012 and 2013 price targets for silver, arguing that strong bar and coin investment demand, together with growing interest in silver exchange-traded funds will prop up the precious metals market. "Silver prices (in the coming years) will reflect the interplay of many factors. The single biggest bullish factor, in our view, will be renewed investor demand," analyst James Steel said.

James Steel said he expects demand from silver exchange-traded funds will increase in 2012 if investors seek safe-haven assets. Also, increased industrial demand should support prices, but the pace of industrial consumption should moderate from 2011 levels, he said.

The Paragon Report provide investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the silver industry register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.

Silver production across the globe continues to be on the upswing, as producers and streamers argue that the US Deficit and the European financial crisis will continue to provide a bullish backdrop for precious metals investments. In Peru, the world's second-largest producer of silver, for example, silver production rose 0.84% in October to 305,036 kilograms, compared to the year-earlier period.

Coeur d'Alene Mines Corporation's CEO Mitchell Krebs was recently quoted in Reuters stating that the company is on track to ramp up silver production by 19% this year to 19.5 million.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon 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.paragonreport.com/disclaimer

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