| Silver has numerous practical uses that make it an | | | | Fund that is managed by the Barclays Bank. The bank |
| attractive investment. Silver is a commodity that has | | | | hold the silver bullions in its vault. This ETF tracks the |
| the potential to rocket three times more than the gold | | | | spot price of silver. So by investing in this ETF, you can |
| in this decade. Silver has far more industrial uses than | | | | profit from the silver price volatility. However, right now |
| gold and as the global economy comes out its | | | | there might not be many ETFs that solely track this |
| recession, it demand is going to skyrocket. Silver has | | | | commodity. As the demand for silver increases and its |
| many industrial applications such as conducting | | | | price skyrocket, you will soon find many new ETFs |
| electricity, creating bearings, welding, soldering, brazing, | | | | tracking this precious metal. |
| photography, washing machines and many more. | | | | Now, if you have been trading stocks and know |
| Silver can play an important role in your portfolio. | | | | something about stock investing that most probably |
| Because of its precious metal status, you can use it as | | | | you will love to invest in a silver mining company. The |
| a hedge against inflation. Now, you can invest directly in | | | | problem is this that most of the mining companies mine |
| silver by buying and selling silver coins and bars. Two | | | | a number of metals that might include silver. What this |
| popular silver coins are the Silver Maple Coins | | | | means is that the stock of those mining companies will |
| (produced by Royal Canadian Mint) and the 100 oz. | | | | not reflect the gyrations in the silver market in the true |
| Silver Bar. Silver futures contracts like the gold futures | | | | sense. Though a percentile of their stock price |
| contracts give the most direct access to the silver | | | | variation can be linked to this precious metal. What you |
| market. The most liquid silver futures contracts are the | | | | need to do is to look for a company that exclusively |
| COMEX Silver futures contracts. This is the standard | | | | mines silver. This will give you a direct exposure to the |
| silver futures contracts that get traded on the COMEX | | | | silver market. |
| Division of NYMEX. The other is the CBOT Mini-Silver. | | | | One of the silver mining companies is the Pan |
| This contract is available for electronic trading. | | | | American Silver Corporation. It has got six mines. |
| ETFs (Exchange Traded Funds) have become highly | | | | Some of these mines are located in Peru, Mexico and |
| popular in the last two decades. They give you the | | | | Bolivia. Another silver mining company is the Silver |
| benefits of both stocks as well as mutual funds. Now, | | | | Wheaton Corp. Many silver mining companies have |
| you can find many ETFs tracking a basket of | | | | smaller interest in other metals too. This is one of the |
| commodities. You can find Gold ETFs as well as Silver | | | | few companies that generate all its revenues from |
| ETFs. The most popular one is the iShares Silver Trust | | | | silver mining activities. |