SLV, iShares ETF Holding Strong

The iShares silver trust ETF, SLV is holding strong amid all this up and down buying and selling of silver and gold. The silver trust may be the best way to get into a silver market that some say is going to go even higher.

As oil continues to rise, gold and silver are tending to follow the trends set by the market. When there’s a sign that the economy could rebound and the dollar could be on the rise, the precious metals fall. But as the market shakes with rising oil prices, people are back buying silver and gold. A big way they buy these precious metals is to buy into the silver or gold ETFs (Gold, IAU).

These funds are easier to trade and cost an investor less in the long run than buying silver or buying gold directly in the form of bullion bars or coins. The two trusts are holding strong, fluctuating with the price of gold and silver as they should since they are backed by the precious metals.



Comments (3)    Posted in Buying Silver, Silver ETF, Silver Investing | Tagged:,,,,,,
   

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3 Responses to 'SLV, iShares ETF Holding Strong'

  1. debt consolidation unsecured - June 7th, 2008 at 8:23 pm

    For long time that has been a common market tendency. Gold and silver rise proportionally as crude oil increase its price.

  2. Dave Bolick - February 21st, 2010 at 4:55 am

    There is no better time to buy silver or gold than now!Most investors are not aware of what is happening in the precious metal markets. I have written an article reflecting this:

    http://www.associatedcontent.com/article/2708713/how_to_invest_in_gold_and_silver_what.html?cat=3

    Thanks for the great information you have provided.

  3. Arthur - April 22nd, 2010 at 10:40 am

    I am actually afraid to write this.
    JP Morgam has shorted over 200 million ounces of silver. And I dont know what Friends hold. They buy and sell to control to keep there piggy bank full.

    Thats why silver is lagging behind other metals and until the govt. finds there piggy bank, dont expect silver to bust out unless JP Morgan becomes more than Comex can handle.


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