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2 Silver Companies Cantor Fitzgerald Likes

On Thursday, Cantor Fitzgerald put out its quarterly commodity outlook for gold, silver, uranium and copper. While most of the focus was on gold and uranium companies, the report was also positive on two silver miners.

Coeur Secures San Miguel, Paramount to Spin Off Nevada Assets

This month’s rumors that Coeur Mining was planning to acquire Paramount Gold and Silver turned out to be true on Wednesday morning. The companies announced that Coeur will acquire all outstanding shares of Paramount in an all-stock deal valued at $146 million, securing Paramount’s San Miguel project and the Don

Improving US Economy Hinders Gold Price

The Federal Reserve once again didn’t do gold any favors this week. Spot gold was down on Thursday to $1,279.24 per ounce on more outflows from gold exchange-traded funds after the Fed stuck with its plan to reduce its monthly bond-buying program.

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