Friday, April 28, 2006

iShares Silver Trust (SLV) ETF

The iShares Silver Trust (SLV) ETF began trading today on the American Stock Exchange. Each share is equal to about 10 ounces of silver. The silver is kept in a vault much like the StreetTracks Gold Trust (GLD).

As a side note, Bema Gold (BGO) was upgraded today. It is a stock that I own and I know a few readers own because it is the one stock that I get the most questions about.


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