Wednesday’s ETF To Watch: Silver Miners ETF (SIL)

2010 was a kind year to mining companies as the prices for their main outputs soared, outpacing gains for the overall market. However, as the calendar turned to 2011 investors began to quickly abandon their bets on the precious metal industry leading to a huge sell-off in a number of key mining names. This trend was especially pronounced in the the silver market where the white metal led on the upside but also was one of the biggest decliners to start the year. However, the silver market has managed to balance out over the last few weeks posting strong gains thanks to rising inflation fears as well as geopolitical concerns across much of the Middle East. Thanks to this uncertainty, investors in the sector should be paying especially close attention to one of the key companies in the industry, Pan American Silver Corp (PAAS). PAAS, the Vancouver, Canada-based silver mining giant was [...] Click here to read the original article on ETFdb.com. Related Posts: Three ETFs To Watch This Week: SIL, TLT, NUCL Global X Launches Aluminum ETF (ALUM) Precious Metal ETFs: Physical vs. Equity Exposure More Ideas For “Contango-Free” Commodity Access Inflation-Fighting ETFs Back In Focus