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Monday, November 22, 2010

Silver like a coiled spring

Silver is the only commodity that has not reached an all time high price in the last few years.
Gold is almost twice it's previous all time high of $850 in 1980.
Silver has been held down but it's like a coiled spring that is being over-tensioned.
When it snaps, look out.
I think Eric Sprott is the modern day Hunt Bros.
He recently started the Physical Silver Fund PSLV which buys physical silver not paper silver.

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