VelocitySharesTM 3x Long Silver ETN (NASDAQ:USLV)

CAPS Rating: 1 out of 5

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Member Avatar TerryHogan (99.95) Submitted: 11/25/2014 12:42:27 AM : Underperform Start Price: $24.12 USLV Score: +1.37

I'm not a fan of the 3X ETFs whether they are long or short as tracking error will mean their performance will degrade with time + volatility. I also don't like commodities and futures based ETFs because of the complexities involved. Dylan would tell me "Don't criticize what you can't understand" but even if I don't get the ins and outs of how they track the performance, I do understand the phrase "after expenses".

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Member Avatar toyotamoney (< 20) Submitted: 1/29/2014 9:30:08 PM : Outperform Start Price: $42.56 USLV Score: -60.17

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: -76.37

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: -136.99

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: -142.09

oversold again

Results 1 - 5 of 5

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