Leveraged Silver ETF Plunges Nearly 40% from Peak
May 04, 2011 at 14:14 PM EDT
A leveraged exchange traded fund (ETF) for silver has fallen nearly 40% from its record high last week amid the historic sell-off in the metal. ProShares Ultra Silver ETF (NYSEArca: AGQ) was down about 10% on Wednesday and has fallen sharply this week with silver correcting hard. The ETF aims for...