Silver Miners Making News
Source: Silver Investing News, Melissa Pistilli (2/23/10)
"I think silver will outperform [gold] simply because it is a much smaller market. . ."
Kevin Maclean, manager of the Sentry Select Precious Metals Growth Fund, sees silver not only keeping up with gold over the long term, but outperforming its yellow cousin as well. "Silver is also a metal which is challenged in terms of supply," says Maclean. "I think silver will outperform simply because it is a much smaller market, and as investment dollars chase it, it would tend to pushed a little bit higher than gold would be."
Mr. Maclean recently won Lipper awards for fund of the year in the precious metals equity category for the three-year and five-year periods ending December 31, 2009. The fund's average annual return was 8.5% and 25% over the three- and five-year periods, respectively.
Maclean says he holds shares in Silvercorp Metals (SX: SVM), Hecla Mining (NYSE: HL), Fortuna Silver Mines Inc. (FVI.TO, Lima Exchange:FVI) and Silver Wheaton Royalty Co. (TSC: SLW).