Silver at strong support.Silver at its first strong support of 17. Next at 15.3 . Good time to enter for long term in my opinion
Key stats
About iShares Silver Trust
Home page
Inception date
Apr 21, 2006
Structure
Grantor Trust
Distributes
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Tax on distributions
Return of Capital
SLV gives investors direct exposure to silver by physically holding the metal in vaults in London. As such, investors get exposure to spot silver (determined by the London Silver Fix), less fund expenses. As this fund is considered a collectible for tax purposes, taxes on long-term gains are quite steep. Still, SLV provides stability for buy-and-hold strategies.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Displays a symbol's price movements over previous years to identify recurring trends.