Silver Miners ETF: Up 13.5% in a Month
Friday, June 25th, 2010Tom Lydon submits:
Silver these days is closely mirroring the movements of gold. And just as gold miner ETFs are reveling in the wider profit margins, so are silver miners. And, hey, there’s an ETF for that.
Global X Silver Miners ETF (SIL) is that fund – it invests in silver mining companies from around the world: Canada, Mexico, the United States, Russia and Peru. This fund only launched in April, but in the last month, it’s up 13.5% (1-month chart on right).
