Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Silver Prices
Silver Price
[Most Recent Quotes from www.kitco.com] Our RSS Feed

Silver Updates by Mail

Enter your email address:

Follow Us on Twitter
« Is Gold Unstoppable? | Main | Silver-Prices.net Portfolio Update: 24 February 2008 »
Monday
Feb252008

EFTs: Better than Silver Stocks?

Mineweb logo 26 Feb 08

There is an interesting article by Barry Sergeant which appears on Mineweb.com whereby the author discusses the success of silver EFTs when compared to the performance of 50 silver shares.

The author points out that silver is at a twenty seven year high, trading at $18/oz and the best performing silver share is iShares Silver at $178.77 a pop, which is effectively a silver ETF. The other 49 stocks that are tabulated in the article are off their respective highs by considerable amounts. The author goes on to suggest that when the silver price cools off, consolidation among the listed stocks may set in. Interesting!

We have often stressed that this is an extremely thin market sector that can be buffeted by the actions of a few big players and Barry puts this into context when he writes;

“The total market capitalisation of the 50 selected silver names (reflected in the table below) is $41.2bn, falling short of the single market capitalisation of the world's most valuable gold stock, Barrick (ABX US, $49.61), at $43.1bn, and far short of the world's biggest diversified resources stock, BHP Billiton (BLT LN, £16.18), which currently carries a market value of $192bn.”

The table is well worth a look if you have the time just follow this link.

Have a good one.

If you are new to this site and would like to receive our free newsletter regarding investment ideas in the silver bull market then please click this link and enter your email address. Every time we make a trade or post an article you will be informed.


PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>