SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 26, 2011 08:16 ET

Volatile Market Wreaks Havoc on Silver Wheaton and Hecla Mining's Long Term Plans

The Paragon Report Provides Equity Research on Silver Wheaton & Hecla Mining

NEW YORK, NY--(Marketwire - Sep 26, 2011) - The Paragon Report examines investing opportunities in the Silver Industry and provides equity research on Silver Wheaton Corporation (NYSE: SLW) (TSX: SLW) and Hecla Mining Co. (NYSE: HL). Access to the full company reports can be found at:

Silver stocks took a sizeable hit following the Federal Reserve's "Operation Twist" announcement. The theory behind 'Operation Twist' is quite different than the quantitative easing measures that supported the monumental run of precious metals prices. In the aftermath of the announcement, the US Dollar shot up. Precious metals prices tend to move inversely to price of the dollar, as they lose their "safe haven" appeal.

Silver is not only a precious metal. According to the Silver Institute more than 50 percent of Silver's use is industrial. Silver can be used for batteries, brazing and soldering, bearings and high-end electronics and is also used in cutting edge solar technology. With the global economy teetering on the brink of a double dip recession, manufacturing use for silver may come down.

The Paragon Report provide investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the silver industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Some silver miners link their dividend payouts to silver's price, mimicking a move by some gold miners. Last week Hecla Mining became the latest silver producer to take such a step, saying that for every $5 increase in the price of silver it would increase its quarterly dividend by a penny. Hecla Mining Company is the largest and lowest cash cost silver producer in the U.S. The company has two operating mines and exploration properties in four world-class silver mining districts in the U.S. and Mexico.

Silver Wheaton currently pays an annual dividend of 12 cents for a yield of around 0.3 percent. Silver Wheaton is a silver streamer. The company agrees to buy silver from mines, pays up front, and then has the right to purchase some or all of the silver produced from the mine at a fixed cost. Streamers may be more susceptible to major price swings.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at