Hard to bet on More Upside for Silver ETFs

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.

Still, some investors insist silver looks cheap, a view that is stoking bargain hunting “from retail investors, who often prefer to buy silver over gold because of its much lower price. Sales of American Eagle silver coins more than doubled in August from a year earlier. But while the interest from individual investors may have stemmed further losses, it hasn’t been enough to spark a rally,” according to Barron’s.

iShares Silver Trust