“If you believe that the worst thing we will have now is massive inflation from all of the monetary printing, silver will be a fantastic buy, ” said James Carillo, account executive at Precious Metals investment firm of Swiss America Trading Corp. Yet, “if you believe there will be another stock market meltdown, I would wait on silver.”
Other ETFs for silver include ETFS Physical Silver Shares (NYSEArca: SIVR) and PowerShares DB Silver Fund (NYSEArca: DBS).
ETFS Physical Silver Shares
Tisha Guerrero contributed to this article.
Full disclosure: Tom Lydon’s clients own SLV and GLD.