Everything Silver Remains Hot

The iShares Silver TrustSLV is trading higher again today by 0.30 cents to $31.33 a share. This is a new multi-year high for the precious metal. The SLV as climbed higher by 20.0 percent since January 25, 2011. Problems continue to erupt in Europe, and the Middle East on a daily basis. Silver and gold are both considered true forms of currency and will often rally when fear enters the market place. The SLV will have some minor intra-day resistance around the $31.50 area and more around the $32.00 level. Silver Wheaton Corp.SLW is the leading silver streaming stock in the world. This stock will usually trade higher when the commodity itself trades higher. This morning Silver Wheaton stock is trading higher by $1.25 to $38.02 a share. Silver Wheaton stock will have minor intra-day resistance around the around the $38.40 area. Nicholas Santiago InTheMoneyStocks.com