Leveraged Silver ETFs See 17% Moves in Sell-Off
May 05, 2011 at 13:59 PM EDT
Leveraged exchange traded funds (ETFs) for silver saw moves of 17% on Thursday as the metal’s price continued to plunge and the U.S. dollar rallied. ProShares Ultra Silver (NYSEArca: AGQ) was down nearly 17% in afternoon trading as silver crashed below $36 an ounce. The ETF shoots for daily results...
