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Silver prices up, so are HSC miners Coeur d’Alene Mines (CDE) and Silver Wheaton Corp. (SLW)

Today's Financial News - Posted August 29, 2009

Silver prices rose to $14.80 on Friday… so did our Hot Stock Confidential mining stocks Coeur d’Alene Mines (NYSE:CDE) and Silver Wheaton Corp. (NYSE:SLW)

by J. Christoph Amberger

Baltimore, MD — TFN: The current issue of the Smithsonian magazine tantalizes with the customary advertisements for gold and silver coins. Coin dealers tempt with introductory rates on silver dollars. “Dealer Cost!” at $15, says one. “Only $22″ yells another.

The first one actually looks like a decent deal.

Silver closed at a bid price of $14.80 on Friday, up +3.71% for the day — out stripping gold and other precious metals by a multiple.

Our Hot Stock Confidential silver mining picks Coeur d’Alene Mines (NYSE:CDE) and Silver Wheaton Corp. (NYSE:SLW) also closed the week up 11% and 8% over our original entry price… although plenty of HSC members had a chance to buy at far lower levels, when silver and other commodities dipped this summer.

Our two other recommendations also are moving… but have to pass our recommended entry level. You know what that means… plenty of time for you to join TFN’s Hot Stock Confidential and come out ahead!

Here’s our basic argument for silver…


Next Article: Let the buying begin: Merger Mondays are back!

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