Sunday January 2, 2011 14:27
2010 Review of Investments: Silver is Big Winner
Posted by admin as Precious Metals, Stock Trading Strategies, Wall Street Facts
2010 Investment Performance
Dow Jones Industrial Average: up 11%
S&P 500: up 13%
NASDAQ: up 16%
Oil: down 1%
Gold: up 29%
Silver: up 89%
What should you buy in 2011? Based upon the performance in 2010, Silver is the clear winner.
There are many ways to invest in Silver:
- Silver coins and bullion. Open an account at Bullion Vault to have them buy and store silver bullion for you.
- Silver ETF (NYSE ticker symbol: SLV) claims to hold Silver and tracks the price of bullion
- Central Fund of Canada is audited to contain about 45% of its assets in silver (NYSE ticker symbol: CEF). The rest is in gold bullion.
- Silver mining stocks (NYSE ticker symbols: HL, SVM, CDE) which provide good leverage to the price of silver
| Review of Investments in 2010: Dow up 11%, S&P 500 up 13%, NASDAQ up 16%, Oil down 1%, Gold up 29%, Silver up 89% |
