GST Quoted In Barron's
"Jeb Handwerger, editor of Gold Stock Trades, told subscribers much the same. He’s also bullish on silver, noting that prices have moved past their 50-day moving average, a key short-term technical indicator of momentum. SLV finished at $32 a share, whiskers above its $31.79 line-in-the-sand. He’s eyeing a move up towards $50 a share with expectations that silver will follow a surge in gold.
Just as significantly, the large-cap Market Vectors Gold Miners ETF (GDX), which closed up 7% today at $60.41 a share, has also “regained its important 200-day moving average,” Handwerger noted."
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