Guavaxf3006
Guavaxf3006
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04-23 15:00
$ProShares Ultra Silver(AGQ)$    Scalp trading of AGQ has been working pretty well. Every last few days we have been seeing the share prices swing up and down dramatically. If you can time it, it can be rewarding. But I know. Most experts warn against trying to time the market. It is just, with AGQ, it has worked pretty well recently as the pattern is almost clock-work.  Plus at the same time, I am a firm believer in the worth of silver.
Yup. The US and the Iranians are both suffering. Taco Trump is fast on the way to seeing the Republicans make their biggest mid-term lose ever in history.  They will have to make an agreement soon to save their own arse. They have no other choice.
Iran Received 'Some Sign' The US Is Ready To Break The Blockade - Tasnim; Nasdaq Futures up 0.7%; S&P 500 Futures up 0.6%
$ProShares Ultra Silver(AGQ)$    Post market already seeing a 4% rebound. This after the truce was extended indefinitely.  Clear signal the US wants to end this costly war and despite all the rhetoric from Trump, it is not just Iran that is hurting. I expect a big recovery today when the market opens. 
US Extends Indefinitely Ceasefire. Last trading session plunge caused by fear of the coming deadline to the end of the truce. Now that the US has announced an indefinite extension of the truce to facilitate peace talks, this is a clear indication the war is hurtingthe US as much as it has for Iran and the Gulf States.  I expect a strong rebound when the market wakes up today.
He's shorting the market again. Let's go against this and buy up. Teach Trump the art of the deal!
Trump: Posture Is Expect To Be Bombing Iran, We're Ready To Go
$ProShares Ultra Silver(AGQ)$    "For silver, a global supply shortfall has persisted for six years, with prices supported by industrial demand, particularly from the new energy and electronics sectors." Above everything and every noise you are hearing by now, this one fact is what you have to pay attention to. Silver is getting more in demand at the same time time the miners are findng it harder to produce enough to satisfy. Basic economics teaches that where there is more demand versus reduced supplies, prices can only go up.  Silver is the new gold. Silver is the real thing. 
"For silver, a global supply shortfall has persisted for six years, with prices supported by industrial demand, particularly from the new energy and electronics sectors." Above anything else, especially this fear created by the flip-flopping of Trump and the war he started, this is the absolute truth that you have to note about silver. It is getting scarce, and if is absolutely essential.  For me, everytime it dips, just keep buying. 
Precious Metals Rally on Geopolitical De-escalation, Moneta Markets Reports
$ProShares Ultra Silver(AGQ)$  ‌‌ ‌ Things seem to be settling down for the day after hte initial early trade panic. Perhaps this is a time to take a position and ride the wave up from here ?
$XAG/USD(XAGUSD.FOREX)$    Iranian truce looks like it won't hold now that the US has attacked an Iranian cargo ship. The second round of peace talks has been cancelled. This is why we are seeing Silver, Gold andstock futures starting the week low.  We may likely see some retracements down today. Wait for opportunities to buy in. But not today. Give it a few days to see what trend is first.  Remember, never hope to buy at cheapest, never hope to sell at highest. Don't let greed eat you alive.
Iran talks cancelled after US attacked Iranian Ship. Looks like optimism from the hope of peace ends today. Market will likely go yo-yo down again.
Iran is following Trump's behaviour. One step forward, two steps back.  Trump's Art Of The Deal. And market will probably react negatively on Monday again..... Sigh. 
Iran's Revolutionary Guard Closes Strait of Hormuz Again, Citing U.S. Blockade
$XAG/USD(XAGUSD.FOREX)$  Gulf talks gaining pace. Both sides needs to end this stupidity really fast. So too the Gulf states as well as the rest of the world. Precious metals will be resuming their business-as-usual movement, which is talking AI and Chips, etc. Silver will be the main metal to benefit from this.
‌ V‌ery impressive recovery seen over the last week. A bit of yo-yo at the start but now settling in to a super-bullish phase. We may again see some volatilty but for the longer term holders, just key view on the megatrend. Silver is a precious metal that has universal indistrial applications. The AI and Quantum theme that is driving the Tech boom now needs Silver, along with rare earth. Even clean energy industries like EV and Renewable energies needs Silver. Put all these together, do not be surprised that Silver will get back about $120 again. Watch this space.
Both sides needs a win. And they need thisvery costly war to end. We may see a formal peace agreement happen by the end of the month. It was very foolish of Trump to think he could finish Iran off easily. Even more of a fool to have been played by Netanyahu as he had been.
Iranian Foreign Ministry: Iran and the United States Differ on Two or Three Key Issues
Silver and Gold Trading Pattern Detection I expect some retracement coming next week. The truce news lead to a one day super rally which promptly corrected down before the dayeneded. But it was still a nice day run. The next day we saw some up again with the scare about truce being violated not getting worst. But it will now be BAU. Expect profit taking and sense of caution to get in again next week.
I am long term long on Silver. But please do not mistake this to mean I am saying it will be a straight up all the way. The situation is still very volatile and short term traders, including big whales, are trading up and down at a very fast pace.  After today's spectacular run up, I expect some retracement coming from profit takers squaring before the weekend. This would be the smart thing to do as Tacos Trump may make more trades and issue wild destroy-the-world statements.  Somebody in the US government should grow soms balls and conduct an investigation into Trump and his cronies on their trafing patterns. For now, I am going to safe mode temporarily.
Stock Track | ProShares Ultra Silver Soars 5.06% Intraday on Safe-Haven Demand and Weaker Dollar
$ProShares Ultra Silver(AGQ)$  Stay vested if you believe in long term of precious metals. Silver is a highly played metal which has teally dynamic price movements. And this is wht speculators like.  For day traders, you may play according to news and sentiments. But this is also high risks as most people can't time the markets accurately, most of the time.  However, at the end of the day, remember the world has always gone back to gold, and silver. Their value never diminishes.  And especially for silver, there is a real demand versus supply issue. There are not enough silver being mined to feed the needs of the tech industry. Especially with AI now being the new unicorn.
Israel bombs Lebanon. Benjamin Netanyahu does not want peace. It is the war that has been keeping him in power. He was on the way out when Hamas conducted the inhuman attack on Israel. Some have even suggested that some hardline right wing Israelies maniputed Hamas into making this attack. Trump is being played by Netanyahu.
If the truce holds, and sentiments continue To stay positive, likely we will see AGQ go back to early April level of $130 plus.
Stock Track | ProShares Ultra Silver Soars 11.87% in Night Session as Geopolitical Developments Boost Silver Prices
Once again. The same old same old.  One monent bomb Iran to the stone age. After he finished shorting, and starts buying, he is believing a deal with Iran by Monday. Clearly, Monday will see a strong market opening. That's how the sheeps will behave. 
Trump Says He Believes He Can Get A Deal With Iran By Monday, Iran Negotiating Now - Fox News Interview

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