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During Obama’s first four-years this precious metal gained 200 percent

Michael Allan McCrae | November 14, 2012 | 8:23 pm Base Metals Precious Metals Copper Gold Silver 

Equities and commodities all received a boost during Obama’s first-term due to the fiscal stimulus but the standout was silver.

When Obama won the election silver was $9.47/oz. It is now trading at $32.60/oz.

Shouldn’t Eric Sprott, who has buying lots of the stuff, be happy that the incumbent is back?

Chart from Peter Grandich’s blog. Photo of Eric Sprott from Financial Sense Newshour

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