2024-03-28 16:26:31 ET
Summary
- ProShares Ultra Silver ETF offers leveraged exposure to silver without owning the physical asset.
- The AGQ ETF's performance can deviate significantly from the daily target due to compounding of daily returns.
- AGQ is a trading vehicle, not a buy and hold investment, with potential for high returns but also increased risk.
If you follow me on X, you know that for the last several weeks I've been posting "Gold is sending a warning." Why? Because Gold is typically a risk-off asset that moves in advance of high volatility risk-off junctures. But what about "poor man's Gold," aka Silver? I think it's got the potential to move to and break out of its own range....
Read the full article on Seeking Alpha
For further details see:
AGQ: A Levered Catch-Up Trade On Silver