Deutsche Bank Cuts Silver Forecast

MarketWatch reported that Deutsche Bank  downgraded its forecast for silver prices for 2013 and 2014.

As quoted in the market report:

Deutsche Bank also downgraded its view on silver prices for this year and next, reducing its 2013 forecast by 16.5% to $31/oz and its 2014 outlook by 10.1% to $34/oz.

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