To The Moon

Looks like it is back to war status. Truce may end this week. It has already ended in Lebanon. Trump probably shorted the market on Friday. Again.

$ProShares Ultra Silver(AGQ)$    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.

$ProShares Ultra Silver(AGQ)$    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!

$ProShares Ultra Silver(AGQ)$    "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. 

‌$ProShares Ultra Silver(AGQ)$  ‌‌ ‌ 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.