I have 14,000 HL, 3000 SLW, I think 500 SLV, and have been buying physical silver (coin rolls) for a while.
imo, explosion up thru $20 to $25 for spot Ag coming at some point sooner or later, but this year very likely.
All of the above will benefit greatly, but HL has a big short position still, even after the presumed covering last week for 2 days.
I'll second that on the SLW. I've been in for over a year, when it was nice and high. I rode it down all through last fall (aptly named in the case of SLW as it bottomed at $2 something) and started averaging down to $6 something. I can't say this is....unexpected, the only question seemed to be when?? Anyway, higher silver prices of at least $15 means SLW should be debt free by December 2009, according to their February presentation, page 21 I believe. As that seems to be a friction point about why someone may not like SLW compared to SSRI or PAAS, these higher silver prices make that issue moot. This is a great company that's on the reco list of many PM focused newsletters and it should be in your portfolio as well. There's LOTS to like about Silver Wheaton these days....