- 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.
For further details see:
SLV: Silver's Fundamentals Continue To Improve