The tip of my stereo plug broke off...?

This question might be a stretch, but the whole metal tip of the stereo plug that you insert into the speaker jack completely broke off...I don't want to buy a whole new set of speakers just because this little metal tip broke off. Is there any way to repair it/"install" a new stereo plug into the speaker? If so...HOW??

Here is a picture of it:
http://i53.tinypic.com/1zb9z05.jpg
 
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