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Silver stocks are back on track.
Last week, I gave you a list of my favourite silver producers. I wasn't ready to buy yet. It wasn't clear silver was ready to stop falling. But today, I think it's time to get back into silver stocks.
In my S&A Junior Resource Trader service, we use simple "guideposts" to tell us when to buy resource stocks. The principal guidepost is the 120-day moving average (DMA). A moving average collects prices from a period of time, then averages them out. It shows a "smoothed" version of the price trend.
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