Friday , 29 March 2024

My Silver Stock Picks Are Up 95% YTD & the Best Is Yet to Come

In December, I listed my top 5 overall silver stocks to buy in 2016sunshine-silver-slide-e1268276971175 and, since almost four months have passed since that article was published, [here’s]…an update…[on] how the picks have performed.

…Silver investors can outperform both silver prices and the miners with a careful selection of miners and, if you choose right, the gains can be quite amazing. ]For example,] just take Fortuna Silver Mines (NYSE:FSM) from 2009-2010…[It] returned 648% compared to a 164% rise in the iShares Silver Trust ETF (SLV), or First Majestic Silver, which returned 615.27%…

With that being said, here’s a recap of my top silver stocks for 2016… [which realized an average gain of 94.55% in the first quarter compared to the 51.2% performance of the Global X Silver Miners ETF (NYSEARCA:SIL) which is comprised of a basket of silver mining stocks].

Disclosure: The original article, by Hard Asset Investments, was edited ([ ]) and abridged (…) by the editorial team at munKNEE.com (Your Key to Making Money!) to provide a fast and easy read.
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