Opinions Mike S. Newton, CIM FCSI
iShares Silver ETFSLVCOMMENTJul 19, 2016
$18.92
Stock price when the opinion was issued
$61.57
As of Jun 05, 2026. Market Open.
E.T.F.'s
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PAST TOP PICK
(A Top Pick Apr 26/24, Up 16%)
Inflation hedge, but also a great degree of industrial and economic sensitivity. That's what we're seeing in the price in the last few days. When the gold:silver ratio spikes, which it is now, that's a recessionary indicator. Silver is harder right now.
If he's up right now, he's keeping it on a short leash. If he wants to expand his exposure, he wants to see follow through in the markets first. If we are heading into a full-blown recession, silver goes a lot lower.
E.T.F.'s
TOP PICK
Under weighted on S&P 500. Commodity demand with electrification. Acts as a hedge on inflation. Geopolitical pressures also increase value of silver (hard assets). Upside for patient investors.
Mike PhilbrickOwned
E.T.F.'s
BUY
options There's been call-buying here, huge ones, on the August 20 strikes. He's in them.
Pete NajarianOwned
E.T.F.'s
PAST TOP PICK
(A Top Pick Jul 13/20, Up 36%) Would be inclined to go into silver than gold for new money. Has been a disappointment relative to what he thought it should do. Economically sensitive. Used in solar panels and 5G technologies. Lots of applications driving demand. If the USD weakens, then silver would be even more attractive.
John ZechnerOwned
E.T.F.'s
PAST TOP PICK
(A Top Pick Jul 13/20, Up 35%) Demand for solar panels is most of it. There is demand growth going forward.
John ZechnerOwned
E.T.F.'s
TOP PICK
Silver does better later and will catch up to the gold rally. He owns both minerals. This is a pure play on the silver commodity, so no worries about jurisdiction risk in individual silver stocks.
John ZechnerOwned
E.T.F.'s
TOP PICK
Relative to gold's price, silver is now cheap. Late-December to late-February is seasonality. We're seeing a slight uptick. Silver had a strong run in summer 2019. This looks quite positive.
Brooke ThackrayOwned
E.T.F.'s
BUY
He just legged into silver buying bullion. He thinks $16.10 would act as good support. He usually targets three legs to get into the full position, so he is just getting going. Gold broke out above $1350 resistance around mid-year and looked for a pullback once it breached $1500. He sees gold now being constructive again. He is into 2% of his total position that will reach 10% of his portfolio eventually between bullion and producers.
Keith RichardsOwned
E.T.F.'s
COMMENT
Silver When gold moves, usually silver moves more because of the gold-silver ratio. He does not have a formula for how much to hold in a portfolio. He would favor owning the SLV-N ETF.
Ross HealyUnknown
E.T.F.'s
The whole gold bullion space has been spectacular, but hasn’t been without a lot of pain for a very long time. He would prefer First Majestic Silver (FR-T) or Silver Wheaton (SLW-T). Keep very close Stops on these types of names.