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Credit Suisse AG USLV


Primary Symbol: USLVF

The investment seeks to replicate net of expenses three times the SP GSCI Silver index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of silver in global markets.


OTCPK:USLVF - Post by User

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Post by SmokinWillieon Jun 03, 2017 4:51pm
359 Views
Post# 26321035

Potential Silver Short Squeeze

Potential Silver Short Squeeze Adam Hamilton on Seeking Alpha thinks we have a potential silver short squeeze prior to the FOMC meeting on the 14th. He states there is a large amount of short sellers and a small amount of longs on the silver futures. 

If this is true, we may get shorts covering and longs buying prior the FOMC meeting which will raise the price of silver. Seems like a good time to buy USLV. 

Anyone care to comment on this.. Willie
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