ZSL ProShares UltraShort Silver (ETF)

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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qantwar

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ZSL ProShares UltraShort Silver (ETF)

posted on Apr 26, 2011 07:53PM

I only became aware of this ETF recently - it rises 2x for every down tick in silver - but today it traded 27.32M shares compared to an average of 2.37M! At $15 a share that's over $400 million's worth.

Not sure how this plays into the COMEX, but seems like just another way to manipulate the price downwards with paper.

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