ProShares Ultra Silver ( AGQ ) is one of the few trades that have a 1000% rise potential. One of my favorite ETFs that follows Silver x2
Do you have the patience to make a a 1000% return x leverage? (I do!) 🆗
@iambrandonfleeman, hi friend. not sure what you mean but here is my thoughts:
silver will go to 45usd or higher!
Given that AGQ rises 2 times silver, AGQ could rise to even 350. That would be a good target for a take profit.
@iambrandonfleeman, Yes, it does decay, but since we are at that unique time in history that is a once in a life time breakout in metals will occur, you will not see the decay. The decay occurs when you are setting in this for extended time in a bear market or flat market. We are within a couple of months of the breakout. I think it will pull back a little more into the 40's, but then its a buy for sure.