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$9.10 -0.38 (-3.97%)
11/19/2008 3:59 PM

iShares Silver Trust (ETF) (SLV)

CAPS Rating:
*****

Exchange traded fund

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Avatar drax009 (< 20) Submitted: 12/09/06 1:07 AM : Outperform Start Price: $13.66 SLV Score: 8.99

With the dollar plummetting (and rightfully so) and new industrial applications coming online, silver is poised for continued appreciation, especially when considering it exists in a 5 to 1 ratio relative to gold. Seeing that industrial demand in tonnage is much greater than that for gold per annum, silver could easily float to $100/ ounce.

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