High on Energy, Wary of Inflation

Q: I bought Apex Silver Mines (SIL ) on your advice. Still bullish?

A: Yes, I'm extremely bullish on Apex. Silver stocks have had a rough run of late. But over the long haul, Apex with 500 million ounces of silver and comparable amounts of zinc is likely to multiply many times from current levels. This is a stock I would simply put away and ignore daily and even monthly fluctuations, while holding out for the long haul.

The Aging of Abercrombie & Fitch
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