chartsmaster

Christmas In July

Long
NYSE:CDE   Coeur Mining, Inc.
Today's stock market selloff is no surprise given the recent rally, overbought condition, and the new tariff announcement overnite. We have also grown accustomed to seeing general market selloffs used to take down gold and silver and squeeze USD shorts. This mornings selloff in gold silver and the mining stocks should be the FINAL great, low risk entry point for the precious metals and the mining stocks. I expect CDE to trade down to around 8.25. Back up the truck, go all in, and those who are comfortable using margin, do so here.(I have never before suggested using margin, but for those who use margin and are comfortable with and able to handle the risks, there will never be a better risk reward situation than this.) BUY CDE. Chartsmaster
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