Silver Miners ETF: To Infinity And Beyond?

To say silver is the biggest stud at the precious metal party is a pretty accurate assessment these days. With that January tumble a thing of the past and Middle East tensions re-lighting the precious metals flame, silver has put in a shiny performance recently. Beyond the ETFs backed by physical silver, the Global X Silver Miners ETF

has soared to the forefront of silver investing options. Listen up kids, this ETF is less than a year old and has almost $500 million in assets under management. You may want to cozy up to this fund. Think you might be late to the party? Think again. There's still more upside to be had with SIL. At least that's the feeling of Pacific Financial's Jerry Slusiewicz. Slusiewicz, who doesn't own SIL, told Barron's on Wednesday the ETF could head to $33. That would be from a Wednesday close of just under $28. No, $33 isn't infinity, but it's still pretty substantial upside from $28. P.S.- Want to know who does own SIL? Subscribers to the ETF Professor's premium service (http://www.benzinga.com/etf-professor)