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In 2011 $AGQ hit $800 a share when silver traded at $50. Dome are calling for $50 silver soon.
https://stockcharts.com/h-sc/ui?s=AGQ&p=D&yr=14&mn=3&dy=10&id=p64980884946&a=1139159570&listNum=1
I’m thinking Hi Ho silver and away soon.
Looking for other silver ETF ETN funds.
Moving up slower than expected but it moving. Yes I think it can go to 100, the future will tell all.
Silver OPEX today, ahead of Fed dead head.
One thing I’ve noticed that has happened for the last 2 market bubbles where correction is going to happen but no one knows how much, it’s happening again. It would take too long to explain but signs of correction coming is happening every single day now. Get ready.
Silver 24, let them each push and pull each other to record highs and beyond.
It’s above 1850, but it looks weak and may stick in that area. Or volume pics up and explodes, take ur pick.
Gold 1850, silver 25. Blue skies after.
#AGQ: GREAT START TO 2022... $38.23
#AGQ: READY FOR A GOOD SPIKE UP.....$31.23
$29. Silver continues to fade despite rampant inflation.
Rigged.
#AGQ: THE PETRO $$$$ IS SINKING...! $32.75
THE DAY IS NEAR WHEN THE USD WILL CRASH...!
THAT'S WHEN WE WILL SEE $250.00 SILVER /OZ
$SILVER IS TIED TO THE USD / Bretton Woods system
https://www.thoughtco.com/the-bretton-woods-system-overview-1147446
https://www.thoughtco.com/thmb/oGSiJ1EnBBjMcmlvxk7j2fxnlwM=/768x0/filters:no_upscale():max_bytes(150000):strip_icc():format(webp)/group-portrait-of-un-delegates-514698086-59af64cd845b3400118fadaa.jpg
Under the Bretton Woods system, central banks of countries other than the United States were given the task of maintaining fixed exchange rates between their currencies and the dollar. They did this by intervening in foreign exchange markets. If a country's currency was too high relative to the dollar, its central bank would sell its currency in exchange for dollars, driving down the value of its currency. Conversely, if the value of a country's money was too low, the country would buy its own currency, thereby driving up the price.
Eventually, a country that intervenes to support its currency may deplete its international reserves, making it unable to continue buttressing the currency and potentially leaving it unable to meet its international obligations.
Hard to believe they continue to slam silver down in the face of endless printing and inflation.
#AGQ: TIME HAS COME ... $37.36
March will tell the tale. Let's see if the centi-billionaire bankers lose their iron grip on silver.
I think this is actually a bottom price for silver at the moment - I see silver trending higher all year.
Indeed. Will silver be able to hold this level?
We'll see.
"This suggests that the current dollar recovery may be a small jump before a long downfall."
https://www.investing.com/analysis/the-dollar-rally-is-a-small-jump-before-a-long-downfall-200558807
Don't Give Up
We've got plenty of incredible news and updates to share with you in the coming days. Right now, we want to dedicate time to explain why the commodities supercycle has returned and why this was only the starting gun!
When oil futures reached negative territory in April 2020, we determined that commodities had finally bottomed, after a nearly 11-yr bear market.
Since then, every commodity play that we've highlighted has appreciated greatly.
In recent days, the attempt to squeeze the paper derivatives of the COMEX has backfired and this is really not the way to look at the bull market in silver.
What this bull market in commodities is all about is much bigger than a failed attempt to squeeze and shake out leveraged bettors in the futures contracts. Forget about that; it's not the reason that silver has legs.
Instead, immerse yourself in the underlying catalysts for commodities:
All major commodities, save for cocoa and zinc, are running annual deficits.
The pandemic has exposed the delicacy of global supply chains; each country is now in a natural resources race to build its reserves and shore up. China is gobbling up supply and Biden has also insisted that America must become more independent and manufacture locally.
In the past eleven years, investment funds have flowed towards tech and grossly neglected investments in commodities, to the point that production capacity is severely damaged.
ESG (Environmental, Social and Governance) is putting more restrictions on miners, which will further drive up the price, due to profitability struggles and higher barriers of entry. This is counter to logic, but economically sound.
Redistribution of Wealth policies are going to put stimulus funds in the hands of the working class and lower-income demographics, who spend these funds, not invest them.
Spending into the economy is much more inflationary than putting money into equities, bonds and real estate.
As emerging markets continue to grow more independent, their fiat currencies will be deemed more stable, which is another headwind for dollar hegemony.
This perfect storm will drive commodities prices higher.
Best Regards,
FutureMoneyTrends.com
The bullion banks sure did send a message about silver--the Wall Street Bets crowd has no chance against these Goliaths. They control the vertical and horizontal hold when it comes to the silver and it's not going to change. There will be no short squeeze.
That doesn't mean that the price of silver can't go up slowly, and so can AGQ, but there will be no flash rise to the moon because silver is not an investment per se--it's money. It's a store of value.
As money, those with the paper printing press must makes sure they have no competition--so gold and silver are kept at bay and in their cages at all times.
I'm adding small amounts on a daily basis. Watching the dollar and preparing for the next 'stimulus' (PORK) package.
Not quite there yet but a buying opportunity is coming. Be patient. Fed continues to print...and print...and print.
AGQ daily chart looks like handle forming on cup pattern.
I'm in this morning -
This has much lower float than the rest that I'm looking at.. potential here is Explosive..imo.. AG looks Great to..imo
Federal Reserve statement and fiscal stimulus negotiations guide market action
https://www.kitco.com/commentaries/2020-12-16/Federal-Reserve-statement-and-fiscal-stimulus-negotiations-guide-market-action.html
Nice rebound today. Maybe a bottom is in.
Usually comes around and resets. Looking good!
weird that AGQ is up less than silver right now ...
Looks like we are moving AGQ
Just took a large position big bounce coming this weekend on metals news.
Got back in here. Silver is due for a bounce. If it continues to go down, it's pretty much done--broken.
I've heard that word used a lot in conjunction with precious metals.
'Should.'
$AGQ Mark O'Byrne: Silver Should be 10x Higher
Gold, silver, and the Fed moving the goal posts
https://www.kitco.com/commentaries/2020-08-28/Gold-silver-and-the-Fed-moving-the-goal-posts.html
Loaded up in the low $50s on the dip. Doing OK now. AGQ does better than individual silver miners.
Any fund controlled by banks - I am scared for to have any savings in -
what's your opinion - all opinions appreciated -
thanks in advance -
E.g.,
Great Minds: Ellen Brown - Did You Know Banks Can Take Your Money in A Crisis? VIDEO
This is Our Money!!! A Must Watch ...
https://www.youtube.com/watch?v=eSRPvMxIAb0&feature=youtu.be
good message - by Shermann
I feel safer in the Hardrock safety ) -
Great Panther Silver, Ltd. (GPL)(GPR)
There is no way you can compare Great Panther Mining to the old commpany
Great Panther Silver.
In the 2011 run GP was a silver producer and yes it did run hard
to 4 dollars plus.
They are now primarily a gold producer with a smaller silver segment
of roughly 15 percent to cash flow.
The issue here was taking over a mine that was not profitable for
the previous owners.
They have been working hard to turn it around and lower costs.
We have seen some of this in the last quarter.
Additionally the previous compnay did not have cash to further explore
and drill resouces out.
That is why the resouces are so low on the gold property at the moment.
They own a good size property with some exploration showing more gold
that was not defined.
In time I hope these showing will be proven out and resources will
grow.
Additionally since Nixon closed the gold conversion of the US dollar to
gold bacy in 1972 the gold and silver prices have been heavily
manipulated by paper to keep them down.
Now for the first time the physical market is taking over and the banks
cannot contain the prices.
So finally we might see what the true value of gold and silver are.
Central banks have created to much money to justify these low prices
even at todays values.
We are entering a period similar to the 1970's once again.
Stagflation that will see gold and silver move higher because of
physical demand and people wanting to protect themselves in a credit
monetry system.
by AngleEyes3
Great Panther Mining positioned to post strong 2020 after record net
income and operating cash flow in 2Q
The group put the strong results down to the strong rise in the gold
price and record output from its flagship Tucano mine in Brazil
At the Tucano mine alone, output was a record 35,421 ounces in the
quarter compared to 29,899 ounces in the same period last year
Great Panther Mining Limited -
At the Tucano mine alone, output was a record 35,421 ounces in the
quarter compared to 29,899 ounces in the same period last year
Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL),
the precious metals miner, posted a clutch of record numbers
in its second quarter financials, despite the challenges posed
by the coronavirus (COVID-19) pandemic, including
a net income compared to a loss in the same period last year.
The group put the strong results down to the strong rise in the gold
price and record output from its flagship Tucano mine in Brazil.
READ: Noble Capital says Great Panther Mining's 2Q production figures
highlight "solid performance" at Tucano
Net income for the three months to June 30 came in at
a record US$8.5 million compared to a loss of US$5.7 million for the
second quarter of 2019.
Mine operating earnings before non-cash items were
a record US$35.8 million, up 233% on the figure
of US$10.7 million a year ago.
Cash flow from operating activities came in at US$19.5 million, versus a
loss of US$5.5 million in 2Q, 2019.
Revenue for the three months was US$67 million versus US$45.2 million a
year ago, on consolidated gold production across all mines of
36,357 ounces (2Q 2019: 33, 461 ounces).
At Tucano alone, output was a record 35,421 ounces in the quarter
compared to 29,899 ounces in the same period last year.
"The combination of a strong rise in the gold price and record
production at our flagship Tucano mine, leading to a substantially
lower AISC, drove a significant increase in cash flow from operating
activities to a record $19.5 million for the second quarter of 2020,"
said Great Panther CEO Rob Henderson in a statement.
"This was an impressive result given the unprecedented challenges of
managing COVID-19."
The firm operates the Tucano mine in Brazil and
the Topia and
the Guanajuato Mine Complex (GMC) in Mexico
(where operations restarted in June).
Across the group, Great Panther expects to produce for full year 2020
between 146,000 and 158,000 gold equivalent ounces at all-in sustaining
costs (AISC) in the range of US$1,150 to US$1,250 per gold ounce sold
and is "well positioned" to deliver strong results.
"With the restart of the company's operations in Mexico in June, a
strong increase in the price of silver and new records for the gold
price since the end of the second quarter, Great Panther expects
continued strong cash-flow generation in the third quarter," it added.
As at the end of June, the miner held cash and equivalents of
US$60.2 million, an increase from
US$37 million at the end of 2019.
Shares added over 7% in New York to US$0.97.
---Updates for share price---
Contact the author at giles@proactiveinvestors.com
Quick facts: Great Panther Mining Limited
Price: 1.28 CAD
TSX:GPR
Great Panther Silver, Ltd. (GPL) / GPR | NYSE American GPL
g r e a t p a n t h e r. c o m July 2020
CORPORATE PRESENTATION
https://www.greatpanther.com/_resources/presentations/corporate-presentation.pdf?v=0.882
https://www.greatpanther.com
Gold & Silver bulls starting to break out > ^ > ^ > ^
A lot of people will be getting in on a silver pull back. Time for a breather anyway...
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(notice: Nov, 4th 2010 went above the resistance line - close at 118.49) (F/S price 59.25)
ProShares Ultra Silver (the Fund) seeks to provide daily investment results that correspond to twice (200%) the daily performance as measured by the United States dollar fixing price for delivery in London. The Fund will not directly or physically hold the underlying silver, but instead will seek exposure to silver through the use of financial instruments, whose value is based on the underlying price of silver to pursue their investment objective. The benchmark price of silver will be the United States dollar price of silver bullion as measured by the London fixing price per troy ounce of unallocated silver bullion for delivery in London through a member of the London Bullion Market Association (LBMA) authorized to effect such delivery. The Fund's investment advisor is ProShare Advisors LLC.
FACT SHEET:
http://www.proshares.com/media/documents/ProSharesFactSheetAGQ.pdf
Daily Holdings:
http://www.proshares.com/funds/agq_daily_holdings.html
How AGQ works!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60137288
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