Stockchase Opinions

Don Vialoux HBP Comex Silver ETF HUZ-T PAST TOP PICK Sep 04, 2015

(A Top Pick July 23/15. Up 0.11%.) The silver trade this year has come into a period of seasonal strength from around the beginning of July and goes through to the end of September. This year the trade has not worked that well.

$8.730

Stock price when the opinion was issued

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COMMENT
The ETF is composed of futures contracts with counter party risk with a financial institution. If one chain breaks, all ETFs will become questionable quickly. It is a big systemic risk that he would not take.
RISKY

HUZ is the Horizons ETF and which tracks the commodity, not silver stocks. HZU is the betapro 2x exposure to silver. These ETFs are very dangerous. They're for trading, not for buy and hold. He's not aware of a silver miner-based ETF in Canada. You could take a quick look at Sprott's suite of products including PSLV.