Stock Track | ProShares Ultra Silver Plunges 5.31% in Pre-Market on Silver Scam Revelations

Stock Track03-13

ProShares Ultra Silver (AGQ) experienced a significant pre-market plunge of 5.31% on Friday, as negative sentiment swept through silver-related investments.

The sharp decline follows investigative reports exposing widespread scams involving bargain-priced silver and gold in live streaming sessions. These scams, which promote precious metals at a fraction of their purported value with false claims of authenticity, have raised serious concerns about market integrity and investor trust in the silver sector.

The revelation of these deceptive practices has likely contributed to increased caution among investors, leading to selling pressure on silver-linked assets such as the ProShares Ultra Silver ETF during the pre-market session.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Guavaxf3006
    03-13
    Guavaxf3006
    This should not affect prices. The real reason is the overall fear environment. Iran and oil and inflation. But if you calm down, you will see that if anything, there should be a flock to precious metals. People run from stocks and USD and go to safe haven. Gold and silver. As fo Crypto, this may not be a good time. Crypto's are fueled by speculative money. And where there is fear, the speculators are the first to run.
Leave a comment
1
1