Three dividend-paying silver investments to buy feature precious metals funds and mining stocks, according to a half dozen experts who I asked for their analysis.
The three dividend-paying silver investments to buy began to gain a bit of momentum recently after trailing gold for the last year. Historically, silver typically follows the advance of gold but can catch up and surpass the appreciation of the precious yellow metal quickly.
Mark Skousen, a descendant of Benjamin Franklin, meets with Paul Dykewicz in Philadelphia.
1 of 3 Dividend-Paying Silver Investments to Buy Rose 21% in 2 Weeks
An investment forecaster who likes silver and gold is Mark Skousen, PhD, Presidential Fellow at Chapman University, recipient of the inaugural Triple Crown in Economics in 2018 and honoree as one of the 20 most influential living economists. Skousen, who writes a monthly investment newsletter called Forecasts & Strategies, recently recommended Pan American Silver (NASDAQ:PAAS) in his TNT Trader advisory service and the stock soared 21% in only two weeks. The related call options he recommended rose 101% during the same time span. He took profits in each.
Chart courtesy of www.StockCharts.com
“Probably the best stock in the space as far as relative share price performance is Pan American Silver,” said Jim Woods, who leads the Successful Investing, Intelligence Report and Bullseye Stock Trader advisory services. “That stock is outpacing 97% of all other publicly traded companies in terms of relative price strength.”
Woods uses relative price strength as a key screening tool when selecting stocks to recommend in his premium Bullseye Stock Trader advisory service.
Paul Dykewicz meets with Jim Woods before COVID-19 to discuss new investment opportunities.
Wheaton Precious Metals Is 1 of 3 Dividend-Paying Silver Investments to Buy
“I prefer Wheaton Precious Metals Corp. (NYSE:WPM), which is less about mining than pure silver trading,” said Kramer, host of a national radio program called “Millionaire Maker” and head of the Value Authority and GameChangers advisory services. “They know what they’re doing and pay a dividend.”
Paul Dykewicz interviews money manager Hilary Kramer, whose premium advisory services include 2-Day Trader, Turbo Trader,High Octane Trader and Inner Circle.
Chart courtesy of www.StockCharts.com
Dividend-loving investors also may like Global X Silver Miners Fund (NYSE:SIL) as a proxy for silver. SIL offers a 1.48% dividend yield but fell 2.45% on Friday, June 5, to reduce its YTD return to 1.99%.
Chart courtesy of www.StockCharts.com
Bryan Perry, editor of the high dividend-focused Cash Machine service, said the price of silver has rallied back to pre-coronavirus levels under the influence of two driving forces.
“The first is the tidal wave of liquidity pouring into the global financial system brought on by central bank stimulus,” Perry told me. “At its core, fiscal stimulus eats away the purchasing power of fiat currencies, making precious metals an attractive hedge and investment.”
With roughly $5 trillion in federal stimulus spending boosting the risk of increased inflation in the future, experts predict appreciation for silver and gold, despite the recent short-term pullback in both. These three dividend-paying silver investments offer a trio of ways to receive cash payments for owning a precious metal.
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Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce,Seeking Alpha, GuruFocus and other publications and websites. Paul is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is the editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. The book is endorsed by Joe Montana, Joe Theismann, Ara Paseghian, “Rocket” Ismail, Reggie Brooks, Dick Vitale and many others. Follow Paul on Twitter@PaulDykewicz.
