Global X Silver Miners ETF (NYSEMKT:SIL)

CAPS Rating: 3 out of 5

Recs

8
Player Avatar silverminer (31.37) Submitted: 12/3/2010 9:34:41 AM : Outperform Start Price: $14.96 SIL Score: -71.91

I went on the record on May 12, 2010 with my prediction that SIL will outperform the S&P 500 by at least 200% at sometime during the ensuing five year period. As with any specific predictions of its kind, I believe I have worked in a significant margin of error, which is to say I think that's an immensely conservative target. As of this writing (December 3, 2010), this CAPS pick is up 63 points and counting.

http://www.fool.com/investing/general/2010/05/12/any-silver-stock-will-do.aspx
"Let's see if I can convey just how strongly I feel about the performance potential of this investment vehicle: Of the 25 stocks presently listed among its holdings, I personally own 16 of them. Accordingly, I have added the ETF to my silverminer CAPS portfolio and marked it as one of my very top picks. I invite you to join me in the CAPS community and let this pick boost your own portfolio's score."

"I'll take it one step further and record my bold prediction here and now: This ETF will outperform the benchmark S&P 500 by at least 200% before I close my CAPS pick within the next five years."

I have also gone on record with my $100 price target for Silver Wheaton, which perhaps gives some indication of how I expect the ETF to get to its mark.

My prediction has a purpose: it's all about helping newcomers to understand just how much upside remains in the sector. When my SIL pick reaches its 200-point CAPS score, I will issue a follow-on target.

Member Avatar darkknight266 (< 20) Submitted: 1/25/2011 12:36:41 PM
Recs: 0

Wow I checked it out and its amazing, the ETF has gone up tremendously and will continue to do so. Thanks you for drawing it to my attention with your pitch. Your predictions here on fool.com are great and taught me a lot since I started trading

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