A good thing for the sector of silver miners today. Deutsche Bank raised their price target for Coeur d'Alene from $22 to $54, which is a 154% increase. The stock is up 13% right now as this upgrade has triggered short covering and new money is flowing in.

It just shows that analysts can no longer deny the effect of the much higher silver price on the bottom line of silver miners. This is going to work like a snowball and the entire sector will be more and more in the spotlight of investors. When Carlos Slim completes the deal on the acquisition of Fresnillo, watch out. A lot of capital will become available looking for alternative investment in precious metal miners, notably silver miners.