This article is taken from the Trader's Journal magazine (October 2008 issue)
The author, Sol Palha, reads widely conventional and non-conventional texts on all aspects of technical analysis and market timing. He has been studying the markets for over 15 years and continues to work on developing new timing tools and updating the existing ones.
- Sol Palha discusses the long-term prospects of Coeur d’Alene Mines Corporation (CDE – NYSE). In this article, he presents his fundamental and technical views for this stock as an excellent long-term investment
A look at this table reveals that there is a rather large shortfall in silver production – mines only produced 670.6 million ounces of silver in 2007 while demand came in at 894.5 million ounces. The balance of demand was supplied from ‘above the ground’ supplies via direct government sales and from the recycling of old silver scrap.
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