Day Trading Silver and Gold - ETFs or Futures?

[174ari]

Hey Apple, where is the big silver market crash you predicted ?

[msnpassjan2004]

Ernie - thanks for the vid - very informative. What do you think about using the ETN DGP which is supposed to return 2x of GLD? Would this create adequate leverage? Would just trading options on DGP be another good option?

[SilversMarket]

You didn't mention options on ETF's for leverage, other than that, great video. You still pay the same tax on options. Futures is the winner, but options are a great way to play the stocks.

[TheAppleInvestor]

@SilversMarket With options the leverage is better, but still isn't anywhere near as great as futures, and you still have the short-term gain disadvantage. The other factor that I didn't mention is that the futures market has better overall liquidity.

[MrYatesj1]

Oh so now the Constitution now has validity . Pick as choose as you might but that document is about as useful as TP these days. And as you mention the Constitution is not backing the ETF's or Futures in any way shape or form.

[TheAppleInvestor]

@MrYatesj1 I never said the Constitution is backing ETFs or Futures contracts, that's between the parties of the agreed upon contract. Law, nor the Constitution can prevent someone from acting in bad faith in a contract, but the law certainly provides mechanisms to right the wrong. And the Constitution is worth it, it's everything our country is about, it's the politicians that are smearing it that aren't worth the shit on toilet paper.

[MrYatesj1]

@TheAppleInvestor Regarding the Constitution and today's politicians all I can say is touché Ernie, touché.

[bezant1971]

I have to say it, probably someone has written it before, good channel, but.......this is SGTBULL07's style

[TheAppleInvestor]

@bezant1971 I like SGTBULL07, a great channel, but I'm my own man. I don't copy anyone's style. However if you want to compare me to SGTBULL07, I'm honored to be in such good company.

[silverfuturist]

Thanks for the trading education!

[Luiyi385]

Thanks, this is very useful.

[MrVocalBaby]

Ernie, what happened to the mega crash you forecasted in Silver 2 weeks ago..?

[karenbcz22]

@MrVocalBaby Good L*rd! Have YOU been on another planet? You didn't notice Silver dropped 33% TWO weeks ago?

[EconomieNet]

@karenbcz22 Ernie's video came after that drop. He was referring to another drop to low 20s.

[MrHeiwa07]

@MrVocalBaby agreed! Where is that super crash?

Never waste your time listening to people who make predictions. Just because they have a Youtube channel or a fancy web site doesn`t mean they know what they are talking about.

[SilversMarket]

@MrVocalBaby

I remember he said there is a 60% chance to drop, and it still may happen.

[longltran]

very helpful

thanks