ECU hit a high of $1.45 on December 7, 2010, when SLV had an intraday high of $30.00.

Now we have SLV nearly 6% above that December 7, 2010 intraday high, yet ECU sits at $1.10.

Oh how I long to sit here and try and explain differences in the other direction.

How nice would it be to be discussing ECU at $1.80 at a SLV price of $31.80 or so.....

Of course, many of us could argue that it would be very undervalued at $1.80...

Owned this stock for years....today's intraday sell off is one of the most frustrating I can ever recall....

ECU's failure to react to the huge move in silver over the last 4 weeks is painful....to say the least...we've all seen this type of thing before...let's hope somebody big is doing this to accumulate...