Categories: Stock Market / General Market Commentary
Topics: Precious Metals / General Market Commentary- DPC

Investing in Silver Streams with Record High Prices

Hope you all had a wonderful Thanksgiving.

Silver certainly did.

It has broken out to new all-time highs north of $58 per ounce.

All-time, as they say, is a long time.

That’s higher than the Hunt Brothers’ squeeze.

That’s higher than flight to safety after the global financial crisis.

Still not sure if it’s going to the moon or not, but $58 is a good start.

Silver Hits All-Time Highs chart

Moon or not, it has certainly started capturing the attention of a wider general and retail audience.

Silver closed out November at its highest daily, weekly, and monthly prices… ever.

The Global X Silver Miners ETF (NYSE: SIL) put in its highest monthly close since 2011. That means silver stocks still have upside as they climb the rope to ring the “all-time high bell.”

One way to capture that upside with less risk than the miners is by using what I’ve been calling “gold scripts.” These are streams on active mines that are currently producing precious metals.

I have a video explainer here.

But they don’t just apply to gold. Silver streamers have been racking up the revenue as well.

These streaming companies have been generating record revenue.

The biggest company I profile in that video just reported record quarterly revenue of over $250 million. It’s making over a quarter-billion dollars every three months by employing this strategy.

And the smaller company I profile — the one you can still buy shares in for under $1.00 — just reported record revenues as well.

I expect the share prices of both those companies to head higher as this bull market continues to play out.

To recap the ways you can invest in silver and gold:

  • You can own physical coins and bullion;
  • You can own physical or derivative-type ETFs;
  • You can own miners that are currently producing
  • You can own junior miners that have leverage to the metal. 

Those are listed in increasing levels of risk.

But gold and silver streaming companies give you access to all of them at once while blending the risk profile.

They are a great place to start if you are new to the world of investing in silver and gold.

And given the price action of late, there are newcomers every day.

So check out gold and silver scripts if you’re looking to get started.

Call it like you see it,

Nick Hodge

Nick Hodge
Publisher, Daily Profit Cycle