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USLV ... silver etf SHOOTS UP TO 900.00

 
CleansMyHands

User ID: 46245985
United States
09/03/2013 02:04 PM
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USLV ... silver etf SHOOTS UP TO 900.00
USLV HAD A 10 TO 1 SPLIT...LOOK AT SCOTTRADE CHART...IT SHOT UP 900.00 FOR A SHARE , PRESENTLY... AROUND A 100.00
[link to www.flickr.com]

Last Edited by EndoftheRoad on 09/03/2013 05:27 PM
CleansMyHands (OP)

User ID: 46245985
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09/03/2013 02:05 PM
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Re: USLV ... silver etf SHOOTS UP TO 900.00
Strategy for VelocityShares 3x Long Silver ETN linked to the SP GSCI Silver Idx ER


The investment seeks to replicate, net of expenses, three times the S&P GSCI Silver index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of silver in global markets...
CleansMyHands (OP)

User ID: 46245985
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09/03/2013 02:15 PM
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Re: USLV ... silver etf SHOOTS UP TO 900.00
AT 50.00 SILVER...AGQ USLV OLDER BROTHER BUT PERFORMS THE SAME WAY...WAS 180.00 A SHARE...SO AT TEN TO 1...I COULD SEE USLV AT 50.00 SILVER BE ABOVE 1,500 A SHARE...CHEERS
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grumpier

User ID: 1189758
Netherlands
09/03/2013 02:16 PM

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Re: USLV ... silver etf SHOOTS UP TO 900.00
Thanks for the explanation OP.
But why such a strange spike???????????????

bumpbumpbumpbumpbumpbumpwtf
In chat: grumpy
BRIEF
Rebel with morals

User ID: 381742
United States
09/03/2013 02:19 PM

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Re: USLV ... silver etf SHOOTS UP TO 900.00
Damn, considering I bought in at $7/oz. I think I would have sold at $900, LOL
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Briefcut4892
Anonymous Coward
User ID: 45644382
United Kingdom
09/03/2013 02:33 PM
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Re: USLV ... silver etf SHOOTS UP TO 900.00
Oh man i hope silver doesnt go to 900 dollars an ounce as i sold what i owned a few months back and am in the process of saving some of my earnings to buy it back at some point.
Undestroyer
Truth

User ID: 46246771
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09/03/2013 02:42 PM

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Re: USLV ... silver etf SHOOTS UP TO 900.00
Dang, I opted for physical silver over ETFs. Looks like I should have done both. DOH!
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Doomer1981

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United States
09/03/2013 02:50 PM

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Re: USLV ... silver etf SHOOTS UP TO 900.00
bump
Doomer
CleansMyHands (OP)

User ID: 43832406
United States
09/03/2013 05:29 PM
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Re: USLV ... silver etf SHOOTS UP TO 900.00
Thanks for the explanation OP.
But why such a strange spike???????????????

bumpbumpbumpbumpbumpbumpwtf
 Quoting: grumpier


MY GUESS IT WAS THE 10 TO 1 ...CONVERSION FRIDAY MORNING....
Anonymous Coward
User ID: 45651386
Canada
09/03/2013 05:40 PM
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Re: USLV ... silver etf SHOOTS UP TO 900.00
Thanks for the explanation OP.
But why such a strange spike???????????????

bumpbumpbumpbumpbumpbumpwtf
 Quoting: grumpier


10 to 1 split.
Its always wonky after rebalancing.
Don't forget, holders only have 1 new share for 10 old.
Just part of the scheme
CleansMyHands (OP)

User ID: 43832406
United States
09/03/2013 06:26 PM
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Re: USLV ... silver etf SHOOTS UP TO 900.00
A potential bull market in commodities, precious metals and miners could accelerate higher if Congress gives Obama the approval to attack Syria based on the use of chemical weapons of mass destruction against innocent civilians. Commodities, energy, gold and silver are safe havens that usually rise in value during international conflicts and war. Remember the major breakout in gold after September 11th in 2001 and the invasion of Iraq in 2003. The ramifications of increased involvement in the Middle East could have a major impact on global trade. The tensions with Russia is increasing as Putin supports Assad.
[link to www.24hgold.com]
Anonymous Coward
User ID: 46338181
United States
09/05/2013 03:58 AM
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Re: USLV ... silver etf SHOOTS UP TO 900.00
Oh man i hope silver doesnt go to 900 dollars an ounce as i sold what i owned a few months back and am in the process of saving some of my earnings to buy it back at some point.
 Quoting: Anonymous Coward 45644382


If you sold on ebay, thank you. I've heard that same thing from the last 8-10 people that I've bought entire collections!
Face Palmer
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User ID: 1149868
Germany
09/05/2013 03:59 AM

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Re: USLV ... silver etf SHOOTS UP TO 900.00
Dang, I opted for physical silver over ETFs.
 Quoting: Undestroyer


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Last Edited by Face Palmer on 09/05/2013 03:59 AM
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Never attribute to malice that which is adequately explained by stupidity.
CleansMyHands (OP)

User ID: 21284467
United States
09/05/2013 07:30 PM
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Re: USLV ... silver etf SHOOTS UP TO 900.00
THIS THING IS ..DANGER...A GOOD BUY WHEN SILVER CRASHES TO 15.00 OR UNDER. STOCK SHOULD BE ABOUT 30.00 TO 20..... AT 19.00 SILVER STOCK AROUND 50.00

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