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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: An opinion on the safety of SLV

Wednesday, November 10, 2010

Grave Warnings to Precious Metal Investors - Buyer Beware!

"I am a palladium bug, not a silver bug or gold bug. Although I do like silver and gold and I like all precious metal investments. My favorite remains palladium. But regardless what precious metal you like best, I urge all precious metal investors to own ONLY physical metals and stocks of their favorite precious metal mining companies.

I strongly discourage owning any Exchange Traded Funds, ETFs that invest only on future contracts or other paper instruments. I cited UNG and USO as perfect bad examples. ...I urge every investor to carefully read why paper based ETFs do not work."

Full article:

http://stockology.blogspot.com/2010/11/grave-warnings-to-precious-metal.html

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