VelocitySharesTM 3x Long Silver ETN (NASDAQ:USLV)

CAPS Rating: 1 out of 5

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Member Avatar TSIF (99.96) Submitted: 3/7/2014 4:51:52 PM : Outperform Start Price: $54.00 USLV Score: -17.59

Taking a chance, although an up thumb on an ETF often doesn't keep up with the S&P.
I expect the S&P to be tame and with an ultra I don't need much upside on Silver to score.
I thought we might get a breakout at $21..it was looking good.
Ukraine might factor in.
Have to offset my downthumb on JNUG so Anchak can see that I'm still bullish on silver even if I am going to knock him away from the score leader board...

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Member Avatar toyotamoney (23.51) Submitted: 1/29/2014 9:30:08 PM : Outperform Start Price: $42.56 USLV Score: -0.47

Leverage please.

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Member Avatar SqwiiTrader (37.30) Submitted: 11/12/2013 5:58:14 PM : Outperform Start Price: $57.28 USLV Score: -28.77

betting on higher silver prices from here

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Member Avatar TerryHogan (99.91) Submitted: 7/2/2013 9:39:57 PM : Underperform Start Price: $56.40 USLV Score: +37.87

I'm admittedly no expert on industrial uses of silver, but I would think that in some applications gold is a preferable substitute (?), and I would say in jewellery, it is definitely a preferable substitute. So a decline in gold prices should also lead to a decrease in silver prices. Maybe that'a all crap, but I do know that I like to bet against the 3X leveraged ETFs, I just prefer the shorts.

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Member Avatar brightdusk (< 20) Submitted: 12/26/2012 10:00:37 AM : Outperform Start Price: $254.04 USLV Score: -114.00

As I've said before, I see big gains in silver this year, which means even bigger gains with this ETF.
Silver could dip to $25/oz before the next leg up, which would create a very good (rare) buying opportunity.

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Member Avatar tallenuk (< 20) Submitted: 3/15/2012 10:40:57 AM : Outperform Start Price: $403.70 USLV Score: -121.91

oversold again

Results 1 - 6 of 6

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