Silver Stocks, Take Advantage of the Rise in Silver

The price of silver is on the rise and there are many ways you can take advantage of it. We’ve already talked many times about the iShare silver trust SLV which has been following the price of silver as it should. It’s an easy way to get into silver rather than buying silver bars, which sometimes can be a little daunting and might require a safe or at least renting a safe deposit box.

You can also get into the silver market by investing in silver mining companies or other precious metals funds that deal with investing in not only metal itself but also mining companies. This can keep you diversified.

I must start out the following list of silver mining company stocks by saying that I’m not suggesting you buy these particular stocks, but if you’re bullish on silver this may be just another play that you want to investigate.

Stocks
General Moly, Inc – GMO
Hecla Mining Company – HL
US Gold Corporation – UXG

Funds
Vanguard Precious Metals and Mining – VGPMX
RBC Global Precious Metals – RBF468
BMO Precious Metals – BMO147