Silver hit multiple all-time highs this year, surpassing highs seen in 2011. For investors who watched silver lag behind gold as it climbed to new all-time highs earlier, this has been the moment they’ve been waiting for.
This isn’t new. History shows us that in precious metals bull markets, silver often lags gold, rising to new heights months after gold has done so. Why is silver so important? While it’s one of the world’s oldest and most trusted forms of currency, it’s also crucial for the operation of the modern world; nearly 60% of all silver demand comes from its industrial applications.
For those looking to capitalize on this potential unique opportunity, the Sprott Silver Miners & Physical Silver ETF (NASDAQ: SLVR) offers a pure-play solution. It is the only ETF focused on both silver miners and physical silver, providing comprehensive exposure to the entire sector.
The Sprott Silver Miners & Physical Silver ETF is new and has limited operating history. Investors in the Fund should be willing to accept a high degree of volatility in the price of the Fund’s shares and the possibility of significant losses. The Fund will be concentrated in the silver mining industry, making it sensitive to changes in the overall condition of that industry, which is highly dependent on the price of silver bullion.
Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott Silver Miners & Physical Silver ETF. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member. ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.
