Neither follow or lead. Reason it's higher then SLV for example is due to premium paid for this fund. If so u might as well get physical. It trades like silver stock not etf. It drops more then silver and does not go up as much as silver. Get either physical or different etf. This one blows until it starts tracking right.
PSLV is finished. It's probably a bigger scam than SLV, physical silver, and all the rest of the precious metals pump. It will probably perform just like the rest of the IPO's they tend to take off and then give back all these gains. 9.00 soon again. Thanks PSLV. Oh but I forgot---they are backed with real silver. At least that makes me feel good.
PSLV nor silver is far from being finished. If you have no confidence in it, sell your shares while the price is still favorable. People INVEST in PSLV for the long term. So, of course it's not going to bring enormous returns for speculators like you. You want to make money quickly? Go trade Biotechs or something. Leave Gold to Silver to adults who are serious about investing!