I know ETFS has a risk, not real physical etc, but acccording to share centre - down 17% today (GBP).
IG Index - around 10% down (USD)
Wheras spot silver seems to be down around 2%
ANY ideas?
Full Version: Etfs Silver Down 17%
Yeah it's strange, I have one silver ETF that is down 0.4% and another which is down 9.4%. Sure it will sort it self out in the morning though.
The big smackdown happened at the close of trade in the UK, so guess some ETF priced in the drop and some didn't.
Which ETF are you in, that went down 14%?
The big smackdown happened at the close of trade in the UK, so guess some ETF priced in the drop and some didn't.
Which ETF are you in, that went down 14%?
Well comodities have been booming of late? Perhaps the price of paper has gone up 
i have etfs silver and havnt noticed a 17% drop-- anyone elso noticed this or not?
QUOTE (itzoverrover @ Mar 4 2008, 02:10 PM) 
Well comodities have been booming of late? Perhaps the price of paper has gone up
QUOTE
Etfs Silver Down 17%, what is going on??
You believed the hype, thats whats going on.
ETFS: PHAG tracks physical Silver - so very close to silver price
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