Q: Can you provide some commentary on PAAS vs AEM from a company standpoint, as well as silver vs gold right now as a precious metals investment - is silver's use as a "green" metal significant from an investment standpoint?
5i Research Answer:
AEM is cheaper than PAAS, as most silver companies are expensive. AEM's yield is higher. But, PAAS likely will have faster growth in the next two years. We like both right now. With silver, the 'green' usage as well as industrial usage make it far more economically sensitive than gold. Thus, if one wants 'insurance' against a financial or other crisis we prefer gold. If one just wants growth and is not worried about the insurance aspect, silver often looks better, but as noted silver stocks tend to be more expensive.