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iShares MSCI Global Silver Miners ETFSLVPTOP PICKMay 27, 2026Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
Precious metals bull markets tend to go on for 8-10 years -- they happen in phases, with 2 or 3 good-sized corrections along the way. The correction in early fall was shallower and lasted less time than he expected. He's fully positioned in precious metals.
Once a bull market starts to really mature, silver has a tendency to outperform and it's now doing that. It's famously volatile. Always stay with the best-in-class operators and the best assets. He doesn't want to gamble on hope.
Classic inflation hedge if you think one of the biggest risks to portfolios is inflation.
Silver extraction and mining -- growth in these companies has increased cashflows. A conservative investor would probably have just a small position. A diversifying asset, as long as your portfolio can handle the volatility. Silver sits at the intersection of industrial demand and real asset scarcity.
Chart shows digestion phase after the huge runup. A satellite position within a diversified portfolio. Can be volatile. MER is 0.39%.