GLL ProShares UltraShort Gold

The most cost effective way to protect your holdings in Gold and Silver or to short Gold and Silver is through the use of ETFs.

Proshares Ultrashort Silver(ZSL) -is an ETF that allows an investor to short 2X or 200% the actual price of Silver. This ETF has an expense ratio of 0.95%, assets under management of $287.6 million. Also this ETF is very liquid trading almost 7 million shares a day. This ETF holds exclusively Silver Futures. It is up more than 5% in the last week.

Proshares Ultra Gold(GLL) -seeks to replicate the investment results (before fees and expenses) that correspond to twice (200%) the inverse (opposite) of the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London. This ETF hold exclusively Gold Futures. It has an annual expense ratio of 0.95% an average daily volume of 600,000 shares a day, and assets of $167 million. This ETF is up more than 2% in the last week.

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