Luckily I was smart enough to use the $1 break in silver yesterday to take profits out of ZSL and I actually bought the Global X Silver Miners - SIL . I bought the miners this time instead of silver itself because in the later stages of precious metals rallies it's usually the mining stocks that go crazy. That doesn't mean this time can't be different but history is usually a pretty good guide. So far in this bull market the mining stocks have underperformed the precious metals.
Another area blasting to new highs "Post Bernanke" is the Emerging Markets ETF category. Whether you look at large cap or small caps most are hitting new highs today. The 3x leveraged etf EDC was up over 5% earlier today, quite a move!
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