🌟🌟🌟I have invested in $iShares Silver Trust(SLV)$ which is the largest Silver ETF by market capitalisation. Compared to Gold , Silver is somewhat undervalued . SLV tracks the price of Silver and actually holds Silver Bullion in a London vault.
Compared to other Silver ETFs, SLV has the lowest expense ratio of 0.50%.
Silver is also used commercially in items such as solar panels and other electrical items due to its excellent conductivity.
I believe that Silver has greater upside potential compared to Gold. In the current volatile market , SLV is a good hedge and provides me with a diversified portfolio.
I also like SLV as I do not need to hold silver and I can just trade it like my other ETFs.
@TigerClub @CaptainTiger @TigerStars @Tiger_comments
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