| deeznutz84 ( @ 2010-05-30 07:17:00 |
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| Entry tags: | about precious metals, precious metals information, precious metals news |
Latest Precious Metals Updates
Almost like PowerShares' futures-based mostly gold ETF, PowerShares DB Gold Fund(DGS), DBS utilizes an optimium-yield investing strategy which makes an attempt to shield against falls when silver futures are in contango and exploit the advantages that come back when futures are in backwardation. Though it's done an adequate job tracking silver, investors have failed to point out the same interest in DBS as they have in physically-backed ETF options. Prepare For The Dollar Decline With Precious Metals
Precious Metals - The Perfect Security Investment
The fund's contemporary three-month average trading volume is solely slightly above 30,000. ProShares manages 2 ETFs that allow investors to require leveraged bullish and bearish bets on silver. The ProShares Ultra Silver ETF(AGQ) and the ProShares UltraShort Silver ETF(ZSL) deliver 2X the daily move in silver, boast ample volume and are appropriate for refined investors on the lookout for a brief term play on this precious metal. However, for instance DBS, AGQ and ZSL are currently in Washington's regulatory crosshairs as the SEC investigates the employment of derivatives in ETFs.
The precious metals witnessed a negative trend for the second consecutive day nowadays with Gold plunging by Rs one hundred seventy per 10 gm to settle at Rs eighteen,four hundred and Silver declined slightly by Rs 15 per kg to Rs 29,805 on significant selling pressure from industrial users and discouraging world advice, traders at the Bombay Bullion Association (BBA) said.
Going forward, this fund might take heat as the CFTC continues to mull the likelihood of instilling tighter position limits on futures-backed commodity ETFs.