Silver Update 11/7/11 - ETF - Epic Trading Failure

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Uploader Comments (BrotherJohnF)

  • sounds like your computer has a dust/heat problem.

  • @andreaspetersson It's a laptop with a 1 gig video card and the screencap software makes it go crazy

  • is there built in decay in silver paper long like agq, uslv and HZU?

  • @mtube620 AGQ for sure. I don't know about the others

  • @ brother john

    your opinion on phys and pslv and cef....do you consider these as to be backed by physical

    thanks dan

  • @TOUGHCHOICE Those are not the same type of ETF as far as decay goes. Not sure why

Top Comments

  • 20% down the same as 20% up ... LOL

    Epic warped conclusion.

  • Ted Butler basicaly said the same thing on Saturday. CME Group and JPM delayed the CFTC and then later they accuse Gensler of not doing his job to stop MF Global. JPM is the biggest snake in the world. I have been skepticle of the road to roota theory by Bix Weir. The more time passes the more the road to roota theory looks legit. Prepare. folks If you do not have your phyzz you are CRAZY. Thanks again John, Your time and expertise is very much appreciated.

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All Comments (61)

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  • @assilvertried7x You may be correct. This is something to think about

  • This video is completely false and either the person doesn't understand what he is saying, or he is purposefully deceiving. ANY investment that goes up 20% and then down 20% will not be the same price after, this is the most basic math possible. The decay in leveraged ETF's has to do with frequent trading and re-balancing. This was a complete waste of 20 minutes.

  • @assilvertried7x I did not mean that literally. maybe he see's the future where bankers are hanging from lamp posts in New york when the masses finaly figure out how the banksters have been screwing them?

    All I am saying is something is going on.

  • could not agree any more...keep playing the game and someone is going to get hurt....and it always the little guy! The fraud is rampant beyond imagination.

  • @assilvertried7x Yes I know. Maybe Gensler found God? who knows. But with out him we would not have the investigation or limits.

  • I think most people realize the 2x and 3x ETFs are huge scams with massive decay (yet they still day trade them thinking they're smart enough to make money on them). What I'm waiting for is most people to realize SLV is also a scam, even though it doesn't have decay. I can't wait for that ETF to collapse. Same with GLD.

  • bankers must be drooling listening to those fraud tactics!

  • @mtube620 Since USLV is 3x it decays faster than AGQ. Any levered fund that rebalances periodically (in this case daily) does decay. I think this is how it works.... Say silver is at $50, goes up 3% one day, and returns to the same $50 level the next day--a 2.913% drop. So USLV goes up 9% the first day and drops 8.738% the next day (or said differently, retains 91.26% of its value from the day before). 1.09*.9126 = .9948 therefore USLV lost 0.52% despite silver regaining its original value.

  • @BrotherJohnF

    AGQ and ZSL use leverage to follow the multiples of the price in of silver. That leverage is obtained at a financial cost. That is the reason that even if the price of silver stays flat over time, both ZSL and AGQ will be at a loss compared to the silver price.

  • these videos are super ! i especially enjoy referencing articles & the reading of portions of these articles .  i just wish these videos were put out daily !! thank you for your efforts, what great videos for education. Keep on keeping on; i wish i'd known about this stuff years ago.

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