RHJ
"Silver is a precious metal, and has a high value in exchange; it is also very malleable and ductile, and thus very convenient for use."
- Marcus Tullius Cicero
Introduction
The ETFMG Prime Junior Silver Miners ETF (
SILJ: Seeking Big Returns In Junior Silver Miners
Summary
- The ETFMG Prime Junior Silver Miners ETF is an exchange-traded fund that provides exposure to the silver mining exploration and production industry.
- I am bullish on silver and the Fund over the next six months.
- Poor man's gold and a precious metal, silver has unique properties and its "green" applications mean its future is bright.
Damian Mark is a business attorney with more than 20-years' experience representing entrepreneurs and other clients in financing transactions, private placements, mergers and acquisitions, debt restructurings and general corporate matters. He frequently works with health-care companies, government contractors, real estate companies and water/wastewater utilities. He has been investing in stocks, bonds, ETFs and closed-ends for just as long, and has also invested in private businesses.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SLV, SILJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
This article is not investment advice and is solely for peer-to-peer learning purposes. Do your own homework/due diligence!. The precious metals space is very volatile. Between the time of writing and the time of publication, large swings in some of the prices referenced in this article are likely to occur.
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