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Gold and Silver Inverse Funds Closed


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#1 linrom1

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Posted 07 July 2020 - 08:56 AM

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



#2 Smithy

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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 stubaby

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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 tradesurfer

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Posted 07 July 2020 - 10:19 AM

That sucks that they closed USLV.  I love USLV for trades.



#5 K Wave

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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..


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#6 CHAx

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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 ryanoo

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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.