Stan Wong
Sprott Physical Silver Trust
PSLV-N
TOP PICK
Jan 13, 2011
Invests in actual silver bars held at the Royal Canadian mint. Demand/supply for silver is just as strong if not better as it is for gold. Longer term if the US$ continues to be unstable, silver will do well.
A one year time frame is difficult for him to form an opinion for him. Manager has a good track record over time. Take a look at their main positions and buy into them. Gold has had such a good run, it could be time for silver.
Physical silver. Doesn't know what the management expense ratios are, which is critical. If you want something managed for you, this could be the route to go. Silver has had a tremendous run but doesn't capture his imagination. From this point, it will be difficult for companies to have the potential for at least 100%.
This is a convenient way to own physical silver. It has a cost of 45 basis points. This market is broad and pervasive in its up thrust. Supply is constrained as less and less mines come on line. It is like buying gold a year ago.
(A Top Pick Jun 01/20, Up 31%) The play on silver is alive and well. This brings that diversity to the portfolio. You actually own the physical silver. Silver is used in battery production as well as industrial uses.
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