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.
Wednesday, April 20, 2011
Look To (ZSL) (AGQ) (SLV) (GLL) (UGL) (GLD) as Gold, Silver Continue Climb
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