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Silver Trust (SLV) [hlAlert]

Rating:
Buy SLV
down 15.23 %

Ishares Silver Trust (SLV) rated Buy

Posted on: Monday,  Jan 14, 2008  11:56 AM ET by The street 10 Gold Stocks for 2008

The street 10 Gold Stocks for 2008 rated Buy Silver Trust (AMEX: SLV) on 01/14/2008, when the stock price was
$16.28. Since then, Silver Trust has lost 15.23% as of 08/27/2015's recent price of $13.80.
If you would have followed this The street 10 Gold Stocks for 2008's recommendation on SLV, you would have lost 15.23% of your investment in 2782 days.

iShares Silver Trust (the Trust) is a grantor trust. The purpose of the Trust is to own silver transferred to the Trust in exchange for shares issued by the Trust. Each iShare represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist primarily of silver held by the custodian on behalf of the Trust. The objective of the Trust is for the value of the iShares to reflect, at any given time, the price of silver owned by the Trust at that time, less the Trust?s expenses and liabilities. An investment in physical silver requires the assay, transportation, warehousing and insurance of the metal.

Gold is not just an anti-U.S. dollar story and could rally against all currencies regardless of what the U.S. Dollar Index does this year, much like it did in 2005. Iamgold (symbol IMG on the Toronto exchange) is also recommended in the list.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2008 4:00 AM Buy
1 year
16.28
as of 12/24/2008
1 Week up  8.47 %
1 Month down  -4.37 %
3 Months up  6.91 %
1 YTD up  13.12 %

(*) Stock Price at the time of the recommendation.
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