Prophecy Development Corp. is a Toronto Stock Exchange-listed (TSE:PCY) Canadian company focusing on mining and energy projects in Mongolia, Bolivia and Canada.
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Silver's 32 percent surge this year has taken its 100-day moving average above the 500-day measure for just the third time this century. When the so-called golden cross occurred in 2002 and 2009, prices advanced at least 66 percent before the phenomenon was reversed.