Seeking Alpha contributor Ben Kramer-Miller analyzed the Global X Silver Miners ETF (ARCA:SIL) and found that it does not seem to provide investors with “the exposure and leverage to the silver price that they likely hoped for.”
Seeking Alpha contributor Ben Kramer-Miller analyzed the Global X Silver Miners ETF (ARCA:SIL) and found that it does not seem to provide investors with “the exposure and leverage to the silver price that they likely hoped for.”
His concerns include:
- Silver Wheaton (SLW) recently made a large deal to buy gold from Vale (VALE).
- Hecla Mining (HL) recently purchased Aurizon Mines (AZK), which is a gold producer.
- McEwen Mining (MUX) has a lot of estimated future gold and copper production.
- SilverCrest Mines (SVLC) gets most of its revenues from gold.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1805.19 | -1.68 | |
Silver | 20.21 | -0.05 | |
Copper | 3.67 | -0.04 | |
Palladium | 1931.50 | +9.50 | |
Platinum | 898.00 | +1.00 | |
Oil | 106.13 | +0.37 | |
Heating Oil | 3.86 | +0.03 | |
Natural Gas | 5.72 | +0.30 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.