ProShares Ultra Silver (AGQ)

[ozzy52]

i believe its going down a lot more

silver, gold, & oil are going down because the dollar keeps getting much stronger relative to the rest of the world's currencies.

Also, operation "Twist" which the Fed announced this week does NOT involve any "quantitative easing" aka money printing. Prior to the Fed's conference this week the possibility was there for more money printing which was keeping stocks and commodities (silver) at the higher levels. But since money printing was ruled out by the Fed this week everything dropped. If the Fed had announced this week that they were going to embark on another round of money printing then silver would have sky rocketed.