Q: I am interested in buying physical silver as a bit of an inflation hedge for the long term. What do think of the future for silver bullion and which source would you recommend in Canada?
5i Research Answer:
Silver has hit recent multi-year highs and we remain confident that the rally will have some legs. Silver does have industrial usage, so it is a bit more sensitive than gold to the economy, but momentum is strong and the sector is doing well. We would look to PSLV for a Canadian silver bullion ETF.