Last summer Sprott management had panel discussion with Cramer, Sprott and some others. Cramer said he would buy gold as insurance but would stay away from silver because silver is 40% industrial demand. If SHTF and economy tanks silver will fall too. Appears he was right, as global economy slows down silver can't keep up with gold prices rising.
Likely Shulman invested in CDE. Coeur gets about 50% of its revenue from gold and gold mines: Rochester and Kengsinton keep ramping up production and lowering costs. Big profits coming .
about 2 yrs. ago cramer had pres of sd on show, he said it was great buy. trading about 6.30 now. cramer said buy at 7-went to 4 shortly thereafter. the traditional con has answer for everything, or every stock. made up facts for every question, and sometimes right-stocks go up or down, coin flip is either heads or tails unless into mathmatical wave theory
Silver is the word for money in 20 different languages shulman and it;s up 2.5% today !
and it's ratio to gold is almost 60 to 1 it will be when it gets to 40 to 1 which is conservative you figure
it will be 35.00 per oz think where hecla will be then....