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The poor man's gold is over $11 for the first time in 23 years. The metal cracked $50 when the Hunt brothers tried to corner the market. The silver market famously crashed on Silver Thursday (26 years and two days ago), and the Hunts were wiped out. (They later become the inspiration for Mortimer and Randolph Duke in the movie Trading Places.) Barclays has been fighting to launch a silver ETF, much like the gold one (GLD).

Posted by edelfenbein at March 29, 2006 12:32 PM