Hey, SIL, Let Me Hear It

Silver is finally waking up today and getting the message after lagging the gold rally for quite some time. SLV is the ETF for silver, a precious metal with more practical industrial application than gold. 

In addition, SIL is the ETF for silver miners, or at least miners with a modicum of exposure to silver. SIL clearly is an overlooked ETF relative to the likes of GDX and GDXJ. But that ought not deter us from putting in the work to identify which miners may stand to benefit most from a rotation down to silver-related plays. 

Courtesy of https://www.globalxetfs.com, here are the top ten holdings in SIL.

WPM PAAS AG SSRM CDE are some of the more intriguing names on that list which are traded in America. 

Going forward, if inflation buzz gathers more steam I suspect that silver may be in a good spot to benefit from at least the first wave of rotation as both a precious and industrial metal.