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Monday, October 31, 2011

Why Silver Wheaton Has Tons Of Upside Now

Silver Wheaton Corp (SLW) owns more than a dozen silver purchasing agreements, whereby the company buys silver at low fixed prices, and then resells it at current market price. This trading strategy is known as silver streaming, and helps the company keep its costs low while maintaining large and fluid access to silver. Though the global slowdown may be disadvantageous to the industrial demand for silver, the global sovereign debt worries and creeping inflation should be good for the silver price, which has increased by more than 30% over the past twelve months.

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