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"Silver is this decade's golden investment" Precious metal discussions on Lang and O'Leary Exchange

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Uploaded by on Dec 15, 2010

full episode http://www.cbc.ca/video/#/News/TV_Shows/Lang_&_O'Leary_Exchange/13086...
Amanda Lang and Kevin O'Leary discuss precious metals and the economy. Plus, Sprott Asset Management representative David Franklin discuses the future of silver who says "$50 silver is an easy move next year" what he considers to be normal price by the end of 2011.

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Uploader Comments (MrXstacey)

  • 49.21

  • @kryogenikz Yes I spotted that how friggin crazy are the charts this week? It tumbled back down this morning, I call that a buy signal for me anyways.

Top Comments

  • hahahahahahah - a doler today is worth a dollar tomorow! now that made my day!

  • The Fed is the only one buying debt. Bond market nearing collapse, stay in CASH HA HA HA! I would rather buy pineapples ;)

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All Comments (24)

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  • Looks like Gold won out

    It's the end of the 2011 year, silver went as high as 49.50 back in May....but as of December 5th, it dropped all the way back to $32

    And I recall silver being $31 back in early January...so Kevin had he left his $100 000 in silver would have made almost nothing...compared to GOLD that is

    Gold started out around $1200....as of today, around $1700

    Gold wins for the year 2011...but silver will probably make a comeback for 2012

  • Cash is Trash....

    All the FIAT cash is going down the tube.... Oh so soon!

  • franklin is Spot on :)

  • "Every commodity has taken out its inflation-adjusted high"???............I looked up the long term chart for Sugar and this is not the case even in the non-inflation-adjusted high scenario.....any thoughts?

  • @postrealitysyndrome I'm totally with you on the water thing, and sustainability.

  • @postrealitysyndrome just 8 days shy of a year ago when I posted this /watch?v=AsQfr7wRZsw

  • @MrXstacey

    Sure, everyone's got their priorities and I have mine! I have little respect for someone offering a short-term profit solution that is unsustainable for the environment and livelihood of citizens in the next generation, then being dismissive about damage being caused. His profits are being paid, with interest, by subsequent generations, including mine and those after me. Again, it's not even about a debatable CO2 effect or a few species, but human issues such as water scarcity...

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