The new 268-page study from CPM Group contains a comprehensive analysis of the silver market’s fundamentals as well as projections for silver supply, demand, and prices through 2018. Silver Long-Term Outlook analyses and explains in detail the dynamics behind the major shifts that have changed the silver market since 2006, and lays out a comprehensive, fundamental-driven outlook for silver supply, demand, and price over the next 10 years.

Silver prices are set to average close to $14.70 in 2009. While this would be off from the $14.97 averaged in 2008, silver prices nonetheless remain more than triple the $4.81 average price from 1990 through 2003. Silver prices have been pulled higher by strong investor demand, coupled with surprising strength in some electronic and other industrial applications. Investors have bought more than 400 Moz of silver over the past four years.

Mining companies use CPM Group’s independent ten-year price projections for strategic planning, acquisition analysis, budgeting purposes, and preparation of technical reports. Institutional investors supplement their internal research with the comprehensive analysis, conclusions, and projections of this report. The report also serves as an authoritative reference guide for silver market statistics.

CPM Group says its analysis “provides an independent, sober, and comprehensive perspective. Independent and accurate production and production cost data.”

To order the report or to obtain additional information contact Adam Crown at (212) 785-8320 or [email protected]