Replies to post #1382 on ProShares Ultra Silver (AGQ)

[silvergun]

yes i agree -- i mean it may fall further to 28 or 25 who knows ? but long term silver is one of the best performing asset classes to be in. The dollar is whats dangerous. QE3 is coming and this silver decline is pure manipulation by the banks, fed, and shorts. Its a perfect storm and they are driving it down so u could make money day trading against silver but i bet even by Christmas silver is back to $40 or higher and in 2012, 2013 and beyond gold and silver are one of the best investments and will continue to me. imho --- for me, im still up big in my silver investments like SLW from $15 for example.

[ozzy52]

Yeah, actually after I posted about buying AGQ Monday morning it then occurred to me exactly what you said.. This stuff like raised margin requirements doesn't come out of the blue to the big time traders, its signaled to them ahead of time and that probably is part of the reason for the extraordinarily huge drops Thursday and Friday.. they knew it was coming.