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Re: Sunnybank post# 1789

Wednesday, 06/06/2012 9:09:31 PM

Wednesday, June 06, 2012 9:09:31 PM

Post# of 2205
I think if things were to get extreme - like Silver prices in the hundreds per oz, they would close these 2 and 3x ETF's and Etn's like they did the OTC Silver Market I used to trade on Forex.com. They closed the OTC Silver because it too was over leveraged.

This is just a guess but we would get our money plus gains on the close of them like I did with OTC Silver.

So - its risky but the % moves are great