Silver No Longer Second Best (SLV, XME)

July 25, 2008 | By Gregory S. Davis In many households the good silver is used only on special occasion. In a portfolio, and as a compliment to other commodity holdings in an investors' portfolio. The iShares Silver Trust ETF (AMEX:SLV) has outperformed the SPDR Gold Shares ETF (AMEX:GLD) as an investment year to date, but investors should take a moment to understand a little of the silver market history before forging ahead. Tax Note Investors should always consult a tax advisor before investing in ETFs that hold physical commodities. SLV and GLD both hold silver and gold bullion directly which could have different capital gains rules apply for short term and long term gains. (For related reading on the tax considerations, check out Getting Into The Gold Market.) Silver 101 For years silver existed as a boring investment... [read full story]