2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 399.02

+0.1%

Dec 19 4:00 PM EST

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To: 2MAR$ who wrote (73945)	5/5/2011 12:22:53 PM
From: 2MAR$	Read Replies (2) of 218647

Leveraged Silver ETF Plunges Nearly 40% from Peak ( the bounce soon ) A leveraged exchange traded fund (ETF) for silver has fallen nearly 40% from its record high last week amid the historic sell-off in the metal. ProShares Ultra Silver ETF (NYSEArca:AGQ) was down about 10% on Wednesday and has fallen sharply this week with silver correcting hard. The ETF aims for daily results that correspond to 200% of the performance of silver bullion and is a leveraged bullish bet on the metal. Its leveraged bearish counterpart is ProShares UltraShort Silver (NYSEArca:ZSL) , which has soared this week. ProShares Ultra Silver ETF topped out at roughly $382 a share last week, and was trading around $240 a share Wednesday afternoon, representing a 37% pullback. The largest ETF for silver, iShares Silver Trust (NYSEArca:SLV), lost about 5% as daily trading volume again topped 100 million shares.

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