2011-06-09kitco.com

``The fall in silver's price came on a reduction of investment demand, said Erica Rannestad, commodities analyst at CPM Group and rolling of positions on the futures market ahead of a contract expiration... PFG's Thomas said the anecdotes about silver scrap sales also don't ring true to him because physical silver supplies remain tight. Supplies he receives that should last a week are usually dried up in one to two days. If the scrap sales were real, more physical silver would be starting to become available, he said. ''



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