To The Moon

$ProShares Ultra Silver(AGQ)$  An anomaly is being seen from last night's trading. Whereas we all know gold and silver prices fell along with most stock counters, what we are seeing is AGQ fell out of proportion to the fall in Silver prices.  AGQ is now at $116.00 plus. And Silver is around $77.00 an ounce. but the last time AGQ was at this level, Silver was below $60.  Hmmn.....

Hold on. Don't panic along with the sheeps.  For sure, the stock market has become dangerous. The bubble has never been bigger.  And bonds and treasuries are high risk now as the government (USA) is basically bankrupt and needs to print more dollars. This is not new except in the past you had allies willing/needing to prop the US up. But under Trump? He has made all allies enemies.  Worst of all, recent supporters of the US bond has been Japan, Middle East and Japan. Japan and the Arabs are in trouble. China, Trump has made China enemy number one.  So who is left to help? Maybe Israel? Except Israel is rich enough par capital to thei population. But if they have to take money out to help the mess the US is in, sorry, drop in the ocean. So, what's left? Gold and Silver.

Gold and Silver. The new panic is caused by inflation CPI report which shows the US inflation is going UP, not down. This is driving bonds and USD higher. But I think this movement is temporary. Why would the USD go up if the USA is broke? This Iran war is costing USA $200-300 million a day. Trump has basically admitted this when he is asking Congress for 1.5 Trillion $ to replenish the weapons drained. Where is the money going to come from when the US is already owing trillions? Will China help after Trump’s actions have been anti-China all along? And Japan? Japan is already in serious trouble. They have no money to spend on US bonds. And the Arabs? They are running dry too with Iran blockading their oil cash. Gold and silver are real assets. This is where real safety lies.

$Advanced Micro Devices(AMD)$   Superb run last two weeks after latest quarterly  results announced. Not saying AMD is not a good investment but you have to ask, is AMD really worth sooo much more than NVIDIA?  Taking the bench from 3 months ago, AMD was trading around or slightly lower than NVDA. At about $200.00 mark.  Now AMD is $145 whereas NVDA (even after China announcement) is only $230.  Food for more thoughts.....

Iran War - Trump rejects Iran's peace plan. Truce looks like it will end as Trump rejects Iran's counter-proposal and terms.  The market euphoria from the hope of a peace in the Gulf seen last week may end today. This is perhaps the time to stay light and wait out the turn down. Certainly high risk again.

Silver AGQ Journal 10th May 2025. As has been happening lately, last week we saw a lot of fluctuating in the price of Silver and related instruments. I expect this week to be no different. Silver price ended high on Thursday before retreating down in the day. It then saw a brief rebound before ending the day lower from day's high, again. With the Iran war still not officially ended, we will likely see Silver price retreat again as traders play safe.  I will not be surprised to see AGQ retreat down to $120 level before climbing back up to $130+. That's how exciting AGQ is.  Not for the faint hearted.

Shucks. War tensions rising again. Iran attacked some facilities and ships and now Saudi Arabia and Kuwait has given the US permission to use their bases and air-space to launch stikes against Iran. Trump must have shorted the stock markets and correspondingly bought oil.

$ProShares Ultra Silver(AGQ)$   Superb two day run but corrected and gaveback more than half the one-day gain yesterday. If normal pattern holds, we should see a few days of correction before upsturn resumes. This is unless we hear some big news, either way. 

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.