Article By:
Jesse's Cafe Americain
Wednesday, April 11, 2018 10:59 AM EST
There is a 'risk off' flight to safety in the markets today. The unusually high gold to silver ratio seems to reflect this undercurrent.
Three Ways To Buy Silver
This seems at odds with conventional financial theory of diversification. $PSLV is considered a mix of physical and securitized silver trading. Intuitively, one would think that this mix of assets would help offset the risk of the other. Moreover, $SLV could be more market efficient since this ETF does not deal with physical assets and their associated costs such as: storage, delivery and depreciation.
This is my take on you question.
Three Ways To Buy Silver
I believe that sometimes silver is an over-looked commodity. It is a valuable currency that has industrial applications.
As for the $PSLV, this is a smart way to hedge your risk since there is a currency backing. However, ETFs are always subject to market fluctuations.
This is a great way to diversify your risk and gain more exposure to the internet of silver. Good read and solid recommendations.