Stockchase Opinions

Richard Croft ProShares Ultra Silver ETF AGQ-N SELL Jun 19, 2012

Not a big fan of silver right now. At best, gold and silver are likely going to be in a trading range, despite the deal of uncertainty. Gold in particular, and to some extent silver, are going to move based on the US$ which is going to move up or down based on inflation. Ae doesn't see much of that is the system right now. Also, with a 2X ETF, they are trading futures so you tend to get the cost of carry thrown into the equation.
$41.096

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