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Why These Silver Miners Will Shine
Money Morning Staff: Investing in silver miners hasn’t been as profitable as betting on the white metal itself – but that’s changing.
Actually, as a group, precious metals miners have been in a mutli-year downtrend. Take the case of the Global X Silver Miners (NYSEARCA:SIL), the marquee ETF that tracks silver miners. Not only is that fund down about 21% year-to-date, it has tumbled more than 31% over the past two years.
That means with silver prices slated to rise, these silver miners are trading at a discount right now – very good news for anyone investing in silver stocks.
Here are three miners anyone investing in silver stocks should consider.
Investing in Silver Stocks: Cream of the Crop
For many industry followers, Silver Wheaton Corp. (USA) (NYSE :SLW) represents the top choice among silver miners.
Part of the reason for that is the company is not a miner in the traditional sense. Silver Wheaton provides financing to companies looking to expand or initiate mining projects. In return, Silver Wheaton gets a cut of the production at a fixed cost.
Read More: http://www.stockgoldmarket.com/why-these-silver-miners-will-shine
