I recently read a column by Warren Buffett that explains why he isn't a big gold investor. He makes an excellent analogy that addresses the exact problem I have with my Silver ETF investment.
He compares a pile of all the gold in the world worth about 9.5 trillion dollars to a pile of tangible investments worth an equal amount of value. And why it is a no-brainer in regards to which one holds a better long-term value. Maybe with this in mind I should just bite the bullet and sell my Silver ETF and put it in something else.
Here's a 5 minute video that explains Buffett's view: