The global economy is in a lull right now. Some expect a recovery sooner, rather than later. Others, like us, think that we could see a second downturn. Either way, there’s one investment you need to own right now: silver.

Rising gold and silver prices push our silver picks Coeur d’Alene Mines Corp. (NYSE:CDE), Silver Wheaton (NYSE:SLW), Hecla Mining Co. (NYSE:HL) well into the black.

After a late week rally profit taking once again ruled the roost during Monday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange gave back 1.26%, while the TSX Gold Index lost 0.3% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, fell 0.62% with the decliners swamping the advancers by a 477 to 369 margin on 157 million shares traded.

The buying of equities continued during Thursday’s session on the Canadian Markets with gains seen across the board. For the tale of the tape, the TSX Exchange surged 3.39%, while the TSX Gold Index added 3.2% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gained 2.37% with the advancers beating out the decliners by a 392 to 319 margin on 119 million shares traded.

Karim Rahemtulla from the Smart Profits Report says that putting your money in gold mining companies will help you milk your investments, not physical gold.

Someone sure was excited about Silver Wheaton Corp (NYSE: SLW) Tuesday morning.  It gapped up 2% and kept rising from there.

Merrill: No More Capital Needed; German Bank Bayerische posts $6.7 Write-Down; Gas Prices Extend Record Run; Google Cuts 300 Jobs at DoubleClick; Silver Wheaton Triples Reserves; Northwest Loads Increase; Valero Completes Repairs; Consumer Debt Creeps Higher