SILVER ETF: Buy Poor Man’s Gold If You Missed The Gold Rally
October 11th, 2009
Barron’s editor Steven M. Sears explains how if investors have missed the Gold ETF rally (GLD), that the Silver ETF (SLV) still holds an opportunity in the market. The primary proxy for silver is the iShares Silver Trust (SLV), which is trading at a modest $17, compared to $102 for the SPDR Gold Shares (GLD).
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
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SLV most likely doesn’t hold the proper amount of physical to cover the paper. Buy HL it is undervalued, paid off their debt, and production cost are the lowest of any Silver miner on the planet.