JJP - SLV: Silver's Fundamentals Continue To Improve

February, 03 2022 12:48 AM iPathA Series B Bloomberg Precious Metals Subindex Total Return ETN

After a number of failed recoveries over the past few months, silver is once again at the lower end of its range, and I am adding to my positions.
While the metal is still up 95% since its March 2020 low, this is less than the 107% rise seen in the Bloomberg commodity complex.
This is particularly noteworthy as silver tends to outperform the broader commodity complex during periods of rising gold prices.
Notwithstanding the concerns of many investors regarding the SLV, the ETF has a proven track record of tracking the silver price with minimal tracking error and a reasonable expense ratio.

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Company Name:	iPathA Series B Bloomberg Precious Metals Subindex Total Return ETN
Stock Symbol:	JJP
Market:	NYSE