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home / news releases / USV - Silver - The Trading Sardine


USV - Silver - The Trading Sardine

It took incredible guts and fortitude to remain long the silver market from late February through mid-March. The price of the volatile precious metal that moves higher and lower on sentiment plunged. July silver futures hit a high of $19.075 on February 24 and reached a bottom of $11.68 per ounce on March 18. The three-week move took silver 38.8% lower. Silver did not only plunge but also fell to its lowest price in eleven years, since the second quarter in 2009.

Buying silver below $12 was no easy feat. While the July futures contract

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Stock Information

Company Name: UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641794
Stock Symbol: USV
Market: NYSE

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