The silver exchange traded fund (ETF) is going for the gold. The metal is gunning for 11 consecutive gains, according to Trading Markets.
The iShares Silver Trust (SLV) is up a whopping 37.4% year-to-date. While gold is grabbing all the headlines and chatter, SLV is leaps and bounds the best-performing metal-focused ETF so far.
Gold and silver are both popular shelters against the dollar, which has been declining.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.