iShares Silver Trust (SLV)
The iShares Silver Trust (SLV) provides exposure to physical silver bullion holdings, the amount of which fluctuates depending on the level of assets invested in the fund.
Like all the precious metals, silver is seen as a store of value and a hedge against higher inflation in case the Fed loses control of the price level. It’s more dynamic than gold, which means it should rise faster — providing built-in leverage — if the dollar drops as I expect.
The SLV has been in an epic downtrend since the 2011 inflation scare and precious metals peak, but looks ready for a turnaround.
Expenses for SLV run 0.5%, or $50 for every $10,000 invested.