ProShares Ultra Silver (AGQ)

[Omar8]

Pack10,


"Now we all know the 800# gorilla in the room isn't playing in the market at the moment. When they do reenter you'll see huge dumping again which will lower the price."


Where do you see the price of silver going to ? That power to be might seem to be not playing right now but I believe they have a number in mind to keep silver under a certain price. I don't think silver price will go more than another $1 or so( maybe Red has a better opinion on the price os silver going to before mat deliveries?), over 100,000 contracts in May and I believe 2/3 of that month last year silver was under $24...so they need to get back to below that in May ?

I hope you get the price you are looking for. If silver does go over $26, I will start looking at building a ZSL position.