Oh don't get me wrong! I have a huge stack of physical and don't really care what it cost in USD
now on the other hand I can trade something like USLV with leverage and it is leveraged itself 3x so if I have 6 to 1 leverage and the ETF is 3x then I'm trading 18 to 1
Play that for 10 minutes on a bounce with 10k :-D hard to do that with a silver eagle IMO