silver has withdrawn quite a bit last months, but slw has been proving good results at current prices. Expectation is that it will go back up together with the metal prices
From Yahoo Finance Silver Wheaton Corp., a mining company, engages in the silver production. It purchases silver from Luismin mines in Mexico and the Zinkgruvan mine in Sweden, as well as purchases silver from the Yauliyacu Mine in Peru. The company was incorporated in 1994. It was formerly known as Chap Mercantile, Inc. and changed its name to Silver Wheaton Corp. in 2004. Silver Wheaton is hea...
I have added silver exposure via SLW to my portfolio as a hedge against two possible scenarios: "insurance" against a devaluing dollar, and "insurance" against rising inflation. I picked SLW instead of the silver metal itself because silver (and gold) are taxed as collectibles, which is a higher tax rate, even if you hold them long term, whereas SLW could be elegib...