Cost inflation for mining companies is likely to rise further this year, Meader said.
FORBES: Silver Institute: Global Silver-Mine Output Rises 4% To Record High In 2012
Still, Meader said, silver prices may not rise substantially until funds are willing to wade back into the market.
FORBES: INTERVIEW: Thomson Reuters GFMS: Silver Could Reclaim $30/Oz In 2013
However, Meader does not expect silver-mining output to be curtailed materially this year despite a decline in silver prices.
FORBES: Silver Institute: Global Silver-Mine Output Rises 4% To Record High In 2012
McInnis appraiser Dan Meader told CNN that the family engaged McInnis last May.
Meader says a portion of that charge will be donated to the Kennedy Library, though he isn't sure how much.
Meader expects bidders around the world to compete in real time via phone or computer, along with the people in the room.
This is a different situation than for other precious metals, Meader said.
FORBES: Silver Institute: Global Silver-Mine Output Rises 4% To Record High In 2012
Looking ahead toward 2013, Meader said he looks for stability and perhaps modest growth for jewelry demand and a rebound in industrial buying.
FORBES: Silver Institute: Silver Investment Rises In 2012 But Fabrication Dips
Like many in the gold market, Meader said price weakness in the metal could be short-lived as demand at lower levels has enticed physical buying, especially from Asia.
FORBES: INTERVIEW: Currency Market Intervention Can Be Supportive To Gold -- Thomson Reuters GFMS
While McInnis previously has auctioned off individual lots related to Kennedy, the house has never hosted an auction "of this scope or magnitude or personal connection, " Meader says.
Meader gave the example of the recent move by the Swiss National Bank to keep a peg to the euro after the Swiss franc rose sharply as investors sought a safe haven.
FORBES: INTERVIEW: Currency Market Intervention Can Be Supportive To Gold -- Thomson Reuters GFMS
Meader said in the current market structure gold needs to have a continuous supply of price-supportive news and if something occurs, like the recent rebound in the U.S. dollar, then investors will head for the exits.
FORBES: INTERVIEW: Currency Market Intervention Can Be Supportive To Gold -- Thomson Reuters GFMS
After summiting the craggy Ragged Jacket, 2, 462ft, and 2, 782ft-high Mount Meader's sparsely pine-covered crest without finding a water source, we needed to get back down to Wild River as soon as possible to refresh and refill.
Neil Meader, research director at Thomson Reuters GFMS, said gold can benefit from intervention because investors may decide to leave a market that is being managed, rather than one which is allowed to trade according to market forces.
FORBES: INTERVIEW: Currency Market Intervention Can Be Supportive To Gold -- Thomson Reuters GFMS
Meader, speaking with Kitco News in conjunction with the release of the Silver Survey 2013 compiled for the Silver Institute, said that U.S. Mint silver bullion coin sales so far this year are well ahead of their pace from 2012.
FORBES: INTERVIEW: Thomson Reuters GFMS: Silver Could Reclaim $30/Oz In 2013
Our planned route took us, over two nights and three days, from the rustic Wild River Campground, along Meader Ridge, over the rock-strewn Carter Dome and along winding trails skirting Moriah Brook and Wild River back to our starting point.
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