Four silver investments to avoid

http://www.sovereignman.com/expat/four-silver-investments-to-avoid?a_aid=CRX

I own one of the four the author warns to avoid, SVM, albeit at a good profit.  I may consider unloading it on the next run up--and rolling it over into another silver miner.  I do agree with him on avoiding the other three, especially SLV, which has been stated often here, is not fully backed by silver.

Generally, in a secular bull market, if you are looking to average in, it may make sense to rotate out of silver plays you're not as comfortable with (or ones you've already booked profits on), and roll the proceeds into another silver investment you believe has more upside potential going forward.  Just like you should try to exit the first position on a rise, you should try to enter the new position after a correction or a dip.

See disclaimers in the side bar.

Disclosure:  long SVM, no position on SLV, CDE, and 100 oz. silver bars.