2012-04-10gurufocus.com

Eric Sprott has gained a reputation as an implacable bear. In fact, that has not always been the case. Back in the 1980s, he was bullish on the stock market. But that's ancient history. Since 1999, he has been Canada's highest-profile doomsayer. The markets are in long-term decline and everything is going to hell.

...

What's the answer for the investor who, after listening to all this, is in a state of near-panic? Surprisingly, not gold. "It was the investment of the last decade," he says dismissively.

The answer is silver


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