ETF Trends
ETF Trends

For three straight trading days, silver prices have closed above $30 and it’s got some analysts thinking that the metal and silver exchange traded funds (ETFs) could be gearing up to gain big again.

Here’s the case:

iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver (NYSEArca: SIVR) are the two physically-backed silver ETF options and they’ll give you direct exposure to spot prices.

Global X Silver Miners (NYSEArca: SIL) are an option if you’re more into equities, though they don’t offer the same safe-haven benefits. The good thing here, though, is that when prices are high, profit margins tend to be pretty nice, too.

Tisha Guerrero contributed to this article.

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.