DGLD and DSLV funds have been closed for trading. Big short is coming.

Gold and Silver Inverse Funds Closed
#2
Posted 07 July 2020 - 09:21 AM
Here's a link; seems like it is driven by the owner, Credit Swiss, more than any flaw in the funds
https://www.etf.com/...july?nopaging=1
#3
Posted 07 July 2020 - 09:40 AM
DGLD and DSLV funds have been closed for trading. Big short is coming.
as have UGLD and USLV - your conclusion makes no sense?
#4
Posted 07 July 2020 - 10:19 AM
That sucks that they closed USLV. I love USLV for trades.
#5
Posted 07 July 2020 - 08:45 PM
That sucks that they closed USLV. I love USLV for trades.
Still trading on the pinks if you really want it....
USLVF
Although not entirely sure for how long..
#6
Posted 08 July 2020 - 07:20 AM
Not sure why you guys use triple leverage ETFs when a much better tool exists. GC and SI, gold and silver futures have 24 hour trading and allow you to precisely choose your leverage (you can easily plan a trade with more/less/same leverage).
#7
Posted 08 July 2020 - 08:50 AM
i think ETN is inherently more risky than ETF because they are not backed by physical metal.
USLV and UGLD are ETN's without physical backing.
i think SLV and GLD ETF's have physical backing.