The January $50 puts look pretty good. Only need silver to drop to $35 and they more than double.
Oh for sure, reading Barrons is like having a crystal ball to see the future and make a fortune beyond all measure...what could possibly go wrong after you read an article in Barrons???
Yes at least u r shorting other than futures contracts ans freaking swaps plus paying the fund mgt 1% to lose ya $.
Not only that, the tax treatment sucks. I was reading the prospectus and you're allocated a portion of gains and losses with flow through treatment. It's possible to sell ZSL for lower than you bought it and still owe taxes. No thanks.