Look To (ZSL) (AGQ) (SLV) (GLL) (UGL) (GLD) as Gold, Silver Continue Climb

If you like what you see with gold and silver, as gold hits record prices and silver continues to move toward its all-time high while surpassing 31-year highs almost daily, then you may want to look toward investment vehicles like ProShares UltraShort Silver (NYSE:ZSL), ProShares Ultra Silver (NYSE:AGQ), iShares Silver Trust (NYSE:SLV), ProShares UltraShort Gold (NYSE:GLL), ProShares Ultra Gold (NYSE:UGL) or iShares Gold Trust (NYSE:GLD).

Gold and silver miners on the other hand are more volatile and include a lot of other elements typical of any company, such as management quality, debt, and numerous other factors.

That's not to say you won't make money with miners, as a number of them have been shooting up with the price of the precious metals, albeit usually trailing the movements.

Gold is trading over $1,500 an ounce and silver over $45 an ounce a little after 12:00 PM EDT.