AGQ - Silver Stalls And Falls To A New Low In 2019
Silver is a precious metal that attracts lots of speculative activity. Rallies to the $50 per ounce level in 1980 and 2011 are always reminders that the silver market can double, triple, and halve in value over short periods offering market participants fantastic gains. While huge moves of the magnitude witnessed in 1980 and 2011 do not occur all that often, the potential for explosive or implosive periods is an ever-present motivation for those who thrive on price action in markets.
The last low in the silver futures market on COMEX came in December 2015