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USLV provides 3x exposure to a production-weighted index of world silver producers listed in OECD (Organization for Economic Co-operation and Development) countries.
52 Week High
52 Week Low
Seeking AlphaMar 17
Do Not Write Off The Silver Market
Buy this metal when it looks its worst and sell it when it looks best- USLV and DSLV. The silver market is all about sentiment. Unlike many other commodities and even precious metals, the production cost for silver is secondary to almost all other factors that influence the price of the metal. While there is some primary production of silver around the world, the vast majority of output comes as a byproduct of copper, lead, zinc, and gold production. Therefore, the average cost of extracting an ounce of si...
Seeking AlphaFeb 21