Despite the weakness seen in precious metals a few weeks ago, silver has been relatively stable ever since mid-April, with the iShares Silver Trust (SLV 1.56%) trading in a dollar-wide range ever since. With the presidents of the Chicago and Philadelphia Federal Reserve banks releasing conflicting statements, turmoil may be just around the corner. Miners like Pan American (PAAS +0.10%) and First Majestic (AG 1.40%) are still facing operating challenges, while silver streaming darling Silver Wheaton (SLW +0.32%) struggles as well.
In the video below, Fool.com contributor Doug Ehrman discusses the relative benefit of silver over gold and recommends ways you can position yourself in the current environment.
