ProShares Ultra Silver (AGQ) Options

silver and gold remind me of a BNSF train going over the Rockies. Although I saw a 7 Engine Train pass by a crossing a couple weeks ago, we all know no train runs with more than 5, which is about 2 to 2.5 miles long, most of the engines were along for the ride since it was only about 50 rail cars long(about half mile). both remind me of the move that metals are doing, its gonna be a while to get to the top, and greatest climb will be only about the last 10% of the run. the one it 5 engine pulling the long leg of the road, the other train shed the additional engines long before the big run. every time i see a train or the boys building a house I see value and growth.

ur almost there, dipped to 45 today on no change in anything fundamental, just lots of futures contracts that got filled.

Best 3 sequentially best months of the year have already started, dont be late, maybe u gonna have to climb the wall of worry...u heard it hear first. I know gold and silver almost better than anyone, the run has just begun. silver leads, gold follows, miners finish...always.

AGQ back to 40.

Then I'm back in for August run. 40 to 50. I love it.

maybe, but i doubt it.

Silver is going back down to between 32 and 33 for July deliveries.

ZSL is nearly a buy

Closed at 50.01….its gonna be a good investment season for me. Only about once every 7 to 8 years does my 12 cylinder investment engine run on all cylinders. Oh mama.

49.50, and counting. Silver going above 50, I’ll leave to someone else to do the math here.

Today it’s at 44.37, creating up. 50 coming, maybe more.

Up 5% today. still see 50+ as target, regardless of humpty dumpty dolt predictions or criticisms

Be happy that a spike to $50 (or more) is finally (it appears to me) upon us.
Yup, these things take time, but the smart investor always looks to see this early.

what will it be called when it breaks 50$, and it will.

#AGQ: LIBERATION DAY...  .$38.75. ...

Andrew is a former whistle blower and current commodity trader. He is a true professional, and has clients all over the world, and includes Sovern nations.

45.2299 crossing the line at 4pm. or close enough for horseshoes. stayed above 45, room a zoom zoom time???

maybe stay above 42 today?

just the beginning folks, break out the Latte's, long way to go

I agree with you. I plan on selling my agq calls in the 34 area then reenter 30 and each point below.

I just bought half my agq calls back Friday.
Knock on wood, the signals have been very kind.

I will also revisit this 50 dollars by March post.

March is a delivery month.

Silver will rise to 35 then fall back to 28 around the end of March.

Gotta fill those contracts at the contracted prices.

OK.

Three months.

37 then 50 right? Did the metal salesmen tell you that?
How are those signals treating you?
Do charts matter?

They use SLV and GLD to control the price. Charts don't matter when they can create a billion dollars worth of silver with the click of a mouse.

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

https://www.bullionvault.com/silver-price-chart.do

28 dollar silver.

Here is a prediction from a month ago:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175449338

3 months. OK, I'll give it till the end of Dec and revisit.

They will have to get the price down to fill Dec contracts. You'll see it down to the 26-28 range in Dec. And then it will run again until March deliveries are due.

Where is that 50?

How are those charts working out?

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

https://www.bullionvault.com/silver-price-chart.do

dont hear it much today, breaking above 32 silver is huge, it blasted off and held high 33s. rock on silver surfer

up 13.13% today. this is my fav silver Invesment next to physical...u go silver surfer.

Been hearing "charts don't matter" for 50 years on everything from soybeans to tulips but psychology has proven that charts always matter. Be happy that a spike to $50 (or more) is finally (it appears to me) upon us.

Charts don't matter when with a click of a mouse they can dump a billion dollars worth of SLV into the market.

I think you and I agree mostly but "cup and handle" chart formation suggests a massive move coming on silver.

Silver delivery contracts are set up to 1 year in advance. Once the deliveries are due. They have to be filled at contract prices.

If the delivery contracts were set 1 year ago, what was the price of the contract? How can a contract that was created at 28 dollars an ounce be filled when the price of silver is 37? Who takes that loss?

https://www.cmegroup.com/markets/metals/precious/silver.settlements.html

You can see that currently there are contracts being made for Dec of 2025 at a settle price of 33.16. When Dec of 2025 gets here and the contract needs to be filled, what happens if the price of silver is at 37 dollars? Or 50 dollars?

What tools do the bankers have at their disposal to control the price of silver prior to deliveries to lower the price of silver to the contracted price so it can be bought off the market and distributed to the contract holder?

Does SLV and GLD have anything to do with the pricing of silver or gold?
Can SLV and GLD be used to manipulate the price of the metals?
Who created SLV and GLD and why?
How much SLV and GLD is there?
How is SLV and GLD created?

If Sony creates a contract for 100 million ounces of silver on Sept 7th at 28 dollars per ounce of this year for delivery on Sept of 2025. The bankers need to buy the silver from the market in 1 year to fill the contract.

100,000,000 mil ounces X 28 dollars per ounce = 2.8 billion dollars.

If the price of silver appreciates to 37 dollars by Sept of 2025 the bankers will need to spend 100,000,000 X 37 = 3.7 billion dollars to buy the silver to fill the contract.

That almost a 1 billion dollar loss.

Who takes that loss?

How can that loss be prevented?

Why does the price of silver always go down just prior to delivery months?
Which months are delivery months?
What is the manipulation tool they use to SMASH the price of silver down to contracted prices?

What does a chart have to do with anything I am explaining?
Why has the price of silver been sideways for 20 years?

I will see you back here in 3 months.

This chart in gold shows that the breakout occurred long ago in gold.

$GOLD | Point & Figure Chart | StockCharts.com
https://stockcharts.com/freecharts/pnf.php?c=%24gold,p

This point figure chart shows a triple top breakout yesterday. A very bullish chart formation

$SILVER | Point & Figure Chart | StockCharts.com
https://stockcharts.com/freecharts/pnf.php?c=%24silver,p

I agree that they are manipulated but that is true in other sectors of the market as well. I believe we are going to have a weaker dollar and that will continue to contribute to metals appreciation.
I have used TA for 50 years and it has worked well for me. It has been especially helpful in defining the bull market in gold which has been ongoing. It is also signaling to me a monster up move in silver. $37 first, consolidation then test of $50.
I will see you back here in 3 months and we will see how accurate I am. Today silver closed at $31.63.

SLV and GLD are a manipulation tool that controls the prices of the metals. Technical analysis doesn't mean anything in a manipulated market.

The true prices of gold and silver should be significantly higher than they are now. And the reason they are not is due to market manipulation.

That manipulation will not top any time soon. Charts are meaningless.

I get mine from technical analysis.
The weakness in the dollar will contribute, the disparity in the good/silver ratio will contribute.
I was an investment advisor from 1974 to 2005. Not only metals but all forms of investments.
If you have been 20 years, you have done well. Gold is up 700% but silver is only up 400%. It has had spikes to $50 but has given up the ghost.
I believe both metals are in the midst of a bull market but silver's chart has just broken out of sn 11 year high whereas gold did it seclveral months ago.
We shall see if I am right, I am betting a hefty bet on it between agc, ag, nem, and several junior silver stocks.

Too funny.

I've been "waiting" for 20 years. How long have you been in the metal markets?

Do you have any idea what effect SLV and GLD have on the price of silver?
Do you know why silver has been sideways for 20 years?
Do you understand the pricing mechanism for silver and gold?
Do you understand what this page means?:

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Where do you get your information about silver and gold? Metal salesmen?

$GOLD | SharpCharts | StockCharts.com
https://stockcharts.com/sc3/ui/?s=%24GOLD&a=1789818879&p=M&yr=20&mn=3&dy=10&id=p12003808567


Gold has broken out to all time highs. Silver has not even tested 1980's high $50. It is so extremely undervalued compared to gold and it has industrialized use.
Tick tock

Wait.....

lol

Silver is about to breakout above $32.
$33 print will be a quadruple top breakout on point and figure chart. Blue skies. $50 by March which will translate to___ . ($80, 90?) Agq.

50 basis point interest rate cut from the Federal Reserve $AGQ

Its still heavily manipulated by banks

silver demand outstripped supply in 2023, for the fifth year in a row. The deficit was just over 142 million ounces. And the forecast for 2024 indicates that the annual production shortfall will nearly double to 265 million ounces. $AGQ

Precious Metals Are A Decentralized Alternative to Central Banking $AGQ

looking ahead heatmap, XAG 30 is up to bat.

https://www.cmegroup.com/tools-information/quikstrike/open-interest-heatmap.html

CME is not about physcal, its about synthetic futures and trades. silver very soon will do backwardation, then its game over while the hords try to get silver out of their contracts.

Pack10,


Another big drop....will be interesting what happens before May. Could be demand isnt strong and they are pushing those back ? Will be very interesting what happens to the last 11,000 something contracts for May.

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

I wonder how much control they actually have this go around? The last two days this month could be very exciting!!

Pack10,




Seems the number of contracts are shrinking before May Is here...


https://www.cmegroup.com/markets/metals/precious/silver.volume.html

And to think we still got 12 trading days to go in April. We'll see what happens in these next twelve days, but I haven't changed my position.

At some point, barring any serious world event, we'll see huge dumping to fulfill these contracts which will lower the pps.

Pack10,




It got close yesterday before the smackdown. I think it was $29.77...I can't believe they let it go that far.

Ugh