To Own Gold Or Silver? That Is The Question. May I Suggest...Both?

As most of us know by now, a third round of quantitative easing from the Federal Reserve is likely in the cards. A great way to position your portfolio ahead of central bank action is with gold and silver, either in physical form as I have previously recommended or in the form of an ETF that tracks the price of these precious metals such as (SLV), (GLD) or (IAU). In the last month, these ETFs have gains of 13.4%, 5.52% and 5.50%, respectively. The gold and silver companies tracked by the ETFs (GDX) and (SIL) have outperformed the aforementioned ETFs in the last month with returns of 16.75% and 23.76%, respectively. For those investors seeking possible returns in the precious metals sector that outperforms the returns from owning physical metals or the GDX and the SIL, I have recommended picking up an individual gold mining company or one of the silver companies. For those investors who want to play the individual companies, I am now suggesting that it is best to own both a company that primarily is gold oriented and another that is primarily silver oriented. In this article, I wish to highlight one gold company and one silver company that I believe are good buys at current levels ahead of possible QE3 and for the long term. I think owning both of the following companies together provides a strong risk reward ratio in the years ahead:.....READ MORE