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This Says Our Favorite Biotech Is Off to the Races

Shares of a promising biotech we recommended back in February 2013 – jumped as much as 27% to a three-month high of $14.20 yesterday after the company said a new cancer drug met its main goal in a midstage clinical trial.

Its shares backtracked a bit as the day progressed but still closed 17.6% higher for the session. These shares have advanced 361% since we first told you about them. The stock has generated a peak gain of 456%, making it one of the 31 recommendations we’ve made to you that have doubled or better since we launched Private Briefing in August 2011. (More on that later…)

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    Investing in 2013: Best Bets in an Uncertain Economy

    If you're planning on investing in 2013, economic uncertainty probably will be a factor in deciding where to put your money - but some sectors stand out as solid prospects regardless of the economic climate.

    Here's a breakdown of the best sectors for your money in the New Year.

    Hot Sectors for Investing in 2013

    Silver: With economic uncertainty expected for the near term, gold is typically considered the best hedging choice.

    But, as Money Morning Global Resources Specialist Peter Krauth pointed out in his 2013 silver price forecast, silver actually provides more potential for appreciation - and at a far better starting price.

    Krauth says the white metal, currently selling for around $30 an ounce, could move to a new high of $54 an ounce in 2013 - and not just because of its hedging value.

    Investment demand for silver should continue to increase, driven by the creation and expansion of several silver-backed exchange-traded funds (ETFs) and increased minting of silver coins.
    Industrial use of silver is expected to grow even faster. That's largely due to the use of silver in solar panel manufacturing, which consumed 60 million ounces in 2012.

    Solar panel usage is expected to grow as a result of U.S. President Barack Obama's emphasis on alternative energy and increased demand from Japan, which has made a major shift away from nuclear power in the wake of the Fukushima nuclear power plant disaster.

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