Friday, August 6, 2010

Chart of the day is....

....the small silvers year-to-date update.


Into the eighth month of the year and the silver junior sector is still well and truly beaten down. Of our nine company stocks only two are showing a percentage gain on the year, they the only two beating out our benchmark SLV, the bullion ETF and a good proxy to the metal itself.

So top spot is held by US Silver (USA.v) with number two MAG Silver (MAG.to), which has put on nearly 15% this week and rushed up. Then in thrird spot is SLV. Then all others are net negative the year.