first time I looked at this board and no one has a clue about uslv. posts about g/s ratio, blah blah. do any of you know the history of uslv. it reverse split aug30,2013 1 for 10. price 71.00 above cash silver price. price went under silver price when silver made its low, and uslv was -4.00 to spot. on june 22 uslv and sport silver were equal at around 17.50. now with spot at 20.26 USLV is nearly 7.00 above spot. should spot silver have a 10% correction , which could easily occur, may I suggest piling in to USLV if you are a true believer in silver. volume is now 3x normal volume, so there are sellers or I should say traders day trading this heavily. I bought at 12.50. likely to take a profit soon though as I believe market is overbought relative to the price of the dollar index. it is a new world the dollar and metals are the safe havens. an interesting chart on barchart, type in dxy00, technical chart, click on spread settings and type in dxy00/uslv
YOU do realize that USLV closes at 3 pm central time and futures close an hour later. this at times causes price change differences. for instance, when trading at 44, uslv opened 6.00 higher the next day but silver was not up 2.00 that morning. it had rallied after uslv closed the previous day, and continued prior to the uslv open.