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Message:: [QUOTE="Blueindian65, post: 685038, member: 17310"]I wrote a long rambeling post in response to this articale:desk: and how crappy I think gov regulation of the markets is,But then I deleted it and wrothe this. They are just investment tools. They give every day traders a chance to play markets that historicly have been open to the ultra rich. I mean it cost 6 thousand dollars just to have the right to buy a comodites contract. With OIL or other ETfs if I think the price of oil is going up I can buy them if I think it is going down I can buy etfs that make that play as well. I don't see the problem with them. If one uses them the way they are ment to be. If people want secure long term investments they should buy Coke and disney and then save money to buy zero coupon municiple bonds. or any muniple bonds, but zero coupon seem to be the cheapiset to get into most of the time.   I do like that the share value is meant to be 1/10 of an ounce. i beat one could find arbitarge spots if you follow the trades supper close. the problem is cashing out the shares. I have not read the prospectus, but I bet there are fees to pay and that you have to own massive blocks of shares to cash them out with slv you have to own 50000 shares to cash the silver out.[/QUOTE]