Gold and silver prices have surged over the last year, with gold up 77% and silver up 153%. However, both have recently stumbled, with gold dropping 13% and silver tumbling 31%. CIO Hank Smith warns against investing in commodities, advising investors to focus on dividend stocks for yield. The SCHD ETF tracks U.S. dividend-paying stocks, offering stability and growth, with a one-year return of 18.6%. The JEPQ ETF uses a covered call strategy to invest in Nasdaq-100 stocks, providing a 10.3% dividend yield. Both ETFs offer different strategies for capitalizing on yield in the stock market.
Read more at Barchart: As Silver Prices Plunge, This CIO Warns That Precious Metals Are Nothing More Than Meme Stocks
