Canaccord Genuity, a global full-service investment bank that specializes in growth companies just upgraded Calibre Mining to BUY from SPEC Buy, as well as a significantly higher price target.
This gold chart just signalled to us that now may be the time to buy gold stocks. So what is this signal and why is now finally the time? Read on to find out.
Investors turn to hard assets, particularly gold and silver, when they start to question or lose faith in paper assets such as stocks and bonds. This has been the case in the past, and it is so once again today. We think the next level for gold is this price.
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If the Dow Jones Index Breaks more than 3% below this key level, then look out! But will it? Here’s a look at the key level of support for the Dow.
This chart is a “picture perfect” example of a very well used Traders Adage: “3 Taps and Out”. Let’s have a look and see if there is a lesson to be learned.