VelocitySharesTM 3x Long Silver ETN (NASDAQ:USLV)

CAPS Rating: 1 out of 5

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Member Avatar TerryHogan (99.94) Submitted: 6/11/2014 12:57:28 AM : Underperform Start Price: $41.02 USLV Score: +2.81

I don't really know anything about the silver market. I also don't claim to know where the price of silver is headed (I'm not a psychic or one of the Hunt brothers). However, I'm reasonably confident in the general crappiness of 3X ETNs, particularly commodity-based ones. Over time this should underperform unless silver skyrockets with little or no volatility along the way.

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Member Avatar toyotamoney (27.08) Submitted: 1/29/2014 9:30:08 PM : Outperform Start Price: $42.56 USLV Score: -15.60

Leverage please.

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Member Avatar SqwiiTrader (< 20) Submitted: 11/12/2013 5:58:14 PM : Outperform Start Price: $57.28 USLV Score: -42.03

betting on higher silver prices from here

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Member Avatar brightdusk (< 20) Submitted: 12/26/2012 10:00:37 AM : Outperform Start Price: $254.04 USLV Score: -124.61

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: -132.14

oversold again

Results 1 - 5 of 5

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