Don’t know much about derivatives but I just came to know that uslv was as high as $6000 back in 2011 and today it’s $90. This is like 60 times. Does this mean if silver goes up to $50, uslv will be $6000 again? I only have physical silver at the moment. Don’t trust silver miners and slv doesn’t make sense if I can buy physical at the same price. If uslv has this kind of potential gains, wouldn’t it make sense just to punt $2-3k on it? I mean the worst case is a write off but if shtf, this will be a XX times bagger.
