ETFs To Play White Hot Silver
November 12, 2010 at 11:00 AM EST
One of the recurring investment themes over the last several months has been the seemingly unstoppable climb of gold. As the U.S. dollar has encountered weakness driven by worries over inflation and deteriorating credit quality, investors have embraced hard currencies as a hedge against the greenback, sending prices of gold bullion skyrocketing. The precious metals rally was given another boost last week with the unveiling of QE2, the latest capital injection program from the Fed that many investors believe will weigh on the dollar and stoke the inflationary flames. While gold’s remarkable rally has dominated the headlines, the performance has been overshadowed by another precious metal. Silver has quietly emerged as one of the top-performing asset classes of 2010, thanks to many of the same factors that have driven gold prices higher. Silver has climbed by more than 60% so far in 2010, more than doubling the run-up in gold prices [...] Click here to read the original article on ETFdb.com. Related Stories: The Definitive Silver ETF Guide: Silver ETF Investing 101 Beware The New “Silver ETF” Silver ETFs Surge: A Better Investment Than Gold?