$5,000 Invested in This Silver ETF Could Be Worth This Much if Silver Hits $100
This exchange-traded fund ebbs and flows almost perfectly in sync with the price of silver bullion itself.
Overview
Are you looking for a way to invest in silver but don't want the hassle of owning silver bullion, bars, or coins? There's a simple option. The iShares Silver Trust (NYSEMKT: SLV) exchange-traded fund is directly tethered to the price of silver but trades just like an ordinary stock.
To this end, if you're looking to make a bullish bet on silver because you think it could make its way to $100 per ounce, what would a $5,000 investment made in SLV today be worth then?
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.