Correction: AGQ and DGP are the normal 2-times ETFs for silver and gold, respectively. ZSL and DZZ are the inverse 2-times ETFs for silver and gold, respectively.
Shorting a normal ETF is better than buying an inverse ETF, though the difference between these two options is more slight at this point than when leveraged ETFs were relatively new to the market over a year ago, so if you cannot get the borrow on a normal ETF, go ahead and buy the inverse ETF.
For your reference, here are the normal ETFs:
SPY (S&P 500 - this index contains commodities-related stocks)
FXI (China - play on potential rate hike)
EPV (inverse Europe - play on sovereign debt problems)
EWZ (Brazil - play on commodities short to intermediate term top)
UPRO (S&P 500)
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