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$SI_F Silver Looks Range Bound In 2013

Many banks still have a strong outlook for Silver in 2013. In reviewing Scotia Bank, UBS, HSBC and Citigroups estimates, I have found that these banks are still bullish on Silver moving into 2013 but there are many questions regarding the silver moving forward.

Scotia bank is bullish on its outlook for silver in 2013. The bank is bullish with some caution. They indicate that “The situation in Silver is complex”. In their outlook for silver 2013 the bank states

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