Silver ETFs Hit By Double Whammy | Page 2 of 2 | ETF Trends

Looking ahead, Barclays analysts project silver prices will continue to decline 20% in the coming year. Bearish bets have already increased fivefold since May by  one measure. For instance, David Miller, chief investment officer at Catalyst Mutual Funds, said he executed a $1.2 million bet against silver ETFs in recent weeks as the market fell.

Consequently, those who have a strong conviction that silver prices will continue to dip can utilize inverse silver ETF options to play the fall. More aggressive traders can take a look at the VelocityShares 3x Inverse Silver ETN (NYSEArca: DSLV), which takes the -300% performance of silver, and the ProShares UltraShort Silver (NYSEArca: ZSL), which takes the -200% performance of silver price movements.

iShares Silver Trust

For more information on the silver market, visit our silver category.

Max Chen contributed to this article.