Is AGQ a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

3,040 people get AGQ articles and Market Currents by email alert.

Get email alerts on AGQ »

HEADLINES:

Silver: Is This The 'Last' Decline?
Avi Gilburt • Sun, May 19 • 111 Comments
Silver Demand Remains Exceptionally Strong
Christopher F. Davis • Fri, May 17 • 31 Comments
The Sell-Off In Gold Has Become Plain Silly
Dave Kranzler • Fri, May 17 • 104 Comments
To QE Or Not To QE: That Is The Question
Dave Kranzler • Tue, May 14 • 11 Comments
Gold: New York Passé, China The Price-Setter
Patrick MontesDeOca • Tue, May 14 • 1 Comment
Silver: Look Out Above?
Avi Gilburt • Sun, May 12 • 56 Comments
Update On Gold: Is This The Bottom?
Dave Kranzler • Wed, May 8 • 39 Comments
Silver: Lower Levels Still Ahead Despite High Premiums
Avi Gilburt • Sun, May 5 • 75 Comments
Why I Believe Silver Prices Will Rise
Christopher F. Davis • Thu, May 2 • 23 Comments
Gresham's Law Proves Gold And Silver Are Remarkably Undervalued
Dave Kranzler • Thu, May 2 • 36 Comments
4 Ways To Play A Silver Rebound
Vladimir Zernov • Mon, Apr 29 • 6 Comments
Currencies, Precious Metals And A Dark Future: Sprott's Rick Rule Weighs In
Patrick MontesDeOca • Sun, Apr 28 • 2 Comments
Silver: Do Not Be Fooled - Lower Prices Ahead
Avi Gilburt • Sun, Apr 28 • 84 Comments
Sprott Asset's John Embry: Has The Gold And Silver Bull Market Ended?
Patrick MontesDeOca • Fri, Apr 26 • 13 Comments
Casey Research's James Favors Silver Over Gold In Near Term, Recommends Silver Wheaton
Hard Assets Investor • Mon, Apr 22 • 8 Comments
Play The Spread: Short Gold And Long Silver
Nico Inberg • Mon, Apr 22 • 16 Comments
Today In Commodities: USD Breaks Down; Euro, Swiss Hit Fresh Highs
Matthew Bradbard • Tue, Apr 16 • 2 Comments
Today In Commodities: Ags Move Lower
Matthew Bradbard • Mon, Apr 15 • 6 Comments
Record Market Performance Drives Record ETP Inflows, Assets Under Management In Q1
Deborah Fuhr • Mon, Apr 15 • 1 Comment
Are You A Scared Silver Investor?
Avi Gilburt • Sun, Apr 14 • 110 Comments

To learn more about Seeking Alpha Pro, click here.

Is Silver Set Up For A 'Generational Trade'?
Dave Kranzler • Fri, Apr 5 • 74 Comments
Commodity Chart Of The Day: Silver
Matthew Bradbard • Wed, Mar 6 • 19 Comments
Silver - Better Than Gold: A Modified Coppock Indicator For Silver
Doug Short • Mon, Feb 11 • 4 Comments
Commodity Chart Of The Day: Silver
Matthew Bradbard • Thu, Dec 20, 2012 • 11 Comments
Spotlight On ProShares Ultra Silver ETF
Tom Lydon • Wed, Oct 26, 2011 • 10 Comments
Buying Silver At 75 Cents On The Dollar
Joseph L. Shaefer • Tue, Sep 27, 2011 • 8 Comments
Why Is George Soros Selling His Gold And Buying Farmland?
George Maniere • Fri, Aug 26, 2011 • 29 Comments
Is the Ultra Silver ETF a Dud?
Marc Gerstein • Tue, Jan 11, 2011 • 5 Comments
Why I'm Cutting Back Silver Exposure for Now
TraderMark • Fri, Dec 18, 2009 • 13 Comments

Silver: Is This The 'Last' Decline?
Avi Gilburt • Sun, May 19 • 111 Comments
Silver Demand Remains Exceptionally Strong
Christopher F. Davis • Fri, May 17 • 31 Comments
The Sell-Off In Gold Has Become Plain Silly
Dave Kranzler • Fri, May 17 • 104 Comments
To QE Or Not To QE: That Is The Question
Dave Kranzler • Tue, May 14 • 11 Comments
Gold: New York Passé, China The Price-Setter
Patrick MontesDeOca • Tue, May 14 • 1 Comment
Silver: Look Out Above?
Avi Gilburt • Sun, May 12 • 56 Comments
Update On Gold: Is This The Bottom?
Dave Kranzler • Wed, May 8 • 39 Comments
Silver: Lower Levels Still Ahead Despite High Premiums
Avi Gilburt • Sun, May 5 • 75 Comments
Why I Believe Silver Prices Will Rise
Christopher F. Davis • Thu, May 2 • 23 Comments
Gresham's Law Proves Gold And Silver Are Remarkably Undervalued
Dave Kranzler • Thu, May 2 • 36 Comments
4 Ways To Play A Silver Rebound
Vladimir Zernov • Mon, Apr 29 • 6 Comments
Currencies, Precious Metals And A Dark Future: Sprott's Rick Rule Weighs In
Patrick MontesDeOca • Sun, Apr 28 • 2 Comments
Silver: Do Not Be Fooled - Lower Prices Ahead
Avi Gilburt • Sun, Apr 28 • 84 Comments
Sprott Asset's John Embry: Has The Gold And Silver Bull Market Ended?
Patrick MontesDeOca • Fri, Apr 26 • 13 Comments
Casey Research's James Favors Silver Over Gold In Near Term, Recommends Silver Wheaton
Hard Assets Investor • Mon, Apr 22 • 8 Comments
Play The Spread: Short Gold And Long Silver
Nico Inberg • Mon, Apr 22 • 16 Comments
Today In Commodities: USD Breaks Down; Euro, Swiss Hit Fresh Highs
Matthew Bradbard • Tue, Apr 16 • 2 Comments
Today In Commodities: Ags Move Lower
Matthew Bradbard • Mon, Apr 15 • 6 Comments
Record Market Performance Drives Record ETP Inflows, Assets Under Management In Q1
Deborah Fuhr • Mon, Apr 15 • 1 Comment
Are You A Scared Silver Investor?
Avi Gilburt • Sun, Apr 14 • 110 Comments

There are no Transcripts on AGQ.

Pros: 3 Reasons to Go Bullish On Gold

at CNBC.com (Nov 28, 2012)
Legend Gerald Celente on why he's selling gold to buy silver, why Occupy Wall Street matters so much and more

at MarketWatch.com (Oct 19, 2011)
10 High-Powered ETFs That Nobody Wants

at CNBC.com (Aug 24, 2011)
Marder on Markets: Large investors nervous

at MarketWatch.com (Aug 2, 2011)
Marder on Markets: Demand for stock still a concern

at MarketWatch.com (Jul 26, 2011)
Peter Brimelow: Stocks suffering, but crash fears recede

at MarketWatch.com (Jun 27, 2011)
Expect Bullish Trend to ContinueBuy Metals: Strategist

at CNBC.com (Apr 26, 2011)
Peter Brimelow: Letters retreating—but not all routed

at MarketWatch.com (Mar 18, 2011)
ETF Investing: Surging prices lift cotton-futures ETN

at MarketWatch.com (Feb 6, 2011)
Outside the Box: Five reasons silver glitters more than gold

at MarketWatch.com (Jan 14, 2011)
Jim Lowell: 2011: Already a year to remember

at MarketWatch.com (Jan 3, 2011)
ETF Investing: Silver ETFs outshining gold in 2010

at MarketWatch.com (Dec 5, 2010)
Jim Lowell: Investment detours, not shortcuts

at MarketWatch.com (Dec 1, 2010)
Power Rankings: Extreme Reflation Bets

at CNBC.com (Nov 4, 2010)
Jim Lowell: Short gold after the election

at MarketWatch.com (Oct 31, 2010)
Jim Lowell: Playing silver and curriences in June

at MarketWatch.com (Jun 1, 2010)
Hi ho Silver, away!

at MarketWatch.com (May 11, 2010)

AGQ vs. ETF Alternatives

AGQ Description

ProShares Ultra Silver seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of silver bullion as measured by the U.S. Dollar fixing price for delivery in London.
See more details on sponsor's website

Key Info

In Your Portfolio: A Guide to Commodity ETFs and ETNs
Asset Class Performance: Commodities

All
| Earnings
| Dividends
| M&A
| On the move

Monday, May 20, 12:40 PM This just in. Precious metals (GLD +2.2%), (SLV +2.6%) are sharply higher on the session after a panicky Sunday evening plunge brought both to multi-year lows. Other than dollar weakness (UUP -0.5%) across the board, there's no news in particular - perhaps some satiated bears decided to cover and a trend took hold. 36 Comments [Commodities, On the Move]
Monday, May 20, 11:27 AM Silver's (SLV -0.6%) 9% plunge in the first minutes of trading overnight is being linked to hawkish talk from Japanese Economy Minister Akira Amari who warned the yen's (FXY +0.7%) fast decline may be hurting the economy. One fails to see the connection but dollar/yen did dive along with silver and Andrew Wilkinson suggests hedge funds short the yen were forced to raise cash by bailing on stale silver longs. 11 Comments [Commodities, On the Move]
Monday, May 20, 7:07 AM Silver (SLV) plunged to its lowest level in nearly 3 years overnight before a bounce brought it to its current price of $21.60, -3.3%. As with gold, silver ETP holdings have dropped to the lowest levels this year, and speculative short positions are on the rise, according to CFTC data. Gold (GLD) took out its April lows earlier - dropping as low as $1,338. A bounce has brought the metal back to $1,351, -1%. 17 Comments [Commodities, On the Move]
Thursday, May 16, 7:18 AM Precious metals continue to tumble, with gold at $1,374 nearing the panicky lows (about $1,350) seen during April's liquidation. Any excuse will do in a bear market, and filings released yesterday containing data anywhere from 6 weeks to 5 months old showed continuing sales of gold ETPs by names such as Soros and BlackRock. GLD -1.3%, SLV -1.3% premarket. 9 Comments [Commodities, On the Move]
Wednesday, May 15, 11:16 AM Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. 34 Comments [Commodities, On the Move]
Friday, May 10, 7:33 AM The stronger dollar has precious metals resuming their decline in force (or is the decline in precious metals strengthening the dollar), with gold (GLD) off 2.3% and silver (SLV) off 2.2%. Crude oil (USO) pulls back a bit from its recent big rally, -0.9% to $95.53. 106 Comments [Commodities, On the Move]
Tuesday, May 7, 11:39 AM The bounce in precious metals takes a breather, with gold (GLD) off 1.6% and silver (SLV) off 1.2%. It's more tough news for John Paulson after his gold fund reportedly lost 27% in April, bringing the YTD loss to about 47%. Add David Einhorn to those taking a hit: "We were somewhat surprised by the swift decline," he said on the GLRE earnings call (transcript), especially given the BOJ's joining in "the global monetary printing race." Einhorn sees nothing to change his long-term bullish stance. 9 Comments [Commodities, Financials]
Monday, April 29, 7:31 AM Precious metals continue their comeback tour, with the dollar (UUP) being lower across the board as good an excuse as any for buying this morning. GLD +1.1%, SLV +1.5% premarket. The greenback is particularly weak vs. the aussie (FXA), +0.6%. Comment! [Commodities, On the Move]
Thursday, April 25, 3:39 PM Gold (GLD) futures jumped nearly $40/oz. to log their biggest one-day gain of the year, supported by physical demand, prospects for easier global monetary policies and a weaker U.S. dollar. Today's rally brings gold's recovery to ~50% of losses from the selloff that began ~$1,560. Silver (SLV) enjoyed an even bigger bounce, rising 5.7%, but it needs a lot of catching up to approach historical gold/silver ratios. 12 Comments [Commodities, Global & FX]
Thursday, April 25, 7:03 AM The bounce in precious metals continues, gold (GLD) +1.6% and silver (SLV) +2.1% as buyers of the physical apparently used the rout to load up and - if anything - global central banks are leaning towards even easier monetary policy. A survey shows low bond yields are no longer doing it for central bankers and they're now looking at loading their balance sheets with equities. 18 Comments [Commodities, On the Move]
Monday, April 22, 9:13 AM A massive wave of Asian buying of precious metals is emptying dealer shelves across the region. "I haven't seen this (kind of) gold rush for over 20 years," says the head of the HK Gold & Silver Exchange, adding that old-timers haven't seen anything like this for 50 years. GLD +2%, SLV +1.4%. 34 Comments [Commodities, On the Move, Top Stories]
Thursday, April 18, 7:16 AM Gold retakes $1,400/oz. after falling as low as $1,337 overnight. Coincident with any big macro move are rumors George Soros is on the right side of it to the tune of hundreds of millions in profits. "Gold was destroyed as a safe haven, proved to be unsafe." GLD +1.5%, SLV +0.9% premarket. 8 Comments [Commodities, On the Move]
Wednesday, April 17, 9:52 AM Open for trading is Credit Suisse's Silver Shares Covered Call ETN (SLVO) with annual fee of 0.65%. The fund is long silver (through the SLV), but forgoes monthly gains in the metal greater than 6%, instead generating income by selling out-of-the-money calls in SLV. 2 Comments [Commodities]
Wednesday, April 17, 7:31 AM Gold slides again with yesterday's bounce now near-erased, off 1% at $1,373/oz. Silver tumbles 2.2% to $23.12. GLD is actually a bit higher premarket thanks to gold being above the level it stood at the 4 PM close of stock trading. SLV -1.2% premarket. 9 Comments [Commodities, On the Move]
Tuesday, April 16, 7:02 AM After continuing to slide sharply early in overnight trade, gold is bouncing, +1.8% to $1,388/oz. (it touched $1,322 at its low point). Silver +0.6% to $23.50 after dropping as low as $22.01. GLD +2.5%, SLV +3.4% premarket. 6 Comments [On the Move, Commodities]
Monday, April 15, 5:03 AM Mining stocks are taking a bit of a hiding following China's slowing GDP growth and the sell-off in precious metals. Rio Tinto (RIO) -4.5% premarket, BHP Billiton (BHP) -3.6%, Barrick Gold (ABX) -3.6%, AngloGold (AU) -5.2%, IAMGold (IAG) -1.2%, Gold Fields (GFI) -5%, Goldcorp (GG) -3.9%, Kinross (KGC) -5.1%, Seabridge Gold (SA) -2.8%, Newmont Mining (NEM) -3.4%, Freeport-McMoRan Copper & Gold (FCX) -2.85% and Anglo American (AAUKF.PK) -3.9% in London. NovaGold (NG) fell 13% on Friday. 3 Comments [Commodities, On the Move]

ltfinger
Potential Upgrades (4/29/13): $AGQ, $HMSY, $IDXX, $INTU, $JBHT, $LNN, $RY, $SMG, $SWI, $SWN, $VNO
Apr 30, 7:25 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Potential Downgrades (3/27/13): $AAPL, $AGQ, $AMP, $APOL, $ARE, $AXE, $AXLL, $CRI, $CRL, $DLX, $DV, $ECL, $FDO, $FSLR, $GRA, $IR, $JBHT
Mar 28, 10:10 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Returning Downgrades (3/27/13): $AGQ, $ARE, $CRI
Mar 28, 10:08 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

SKS1586
Bought some $EMC, $WPRT, $FSYS, $ETP, $ANV, $AGQ.
Mar 22, 12:40 PM
Reply (1)

• !Report Abuse
View all 1 replies
kyle.benson: EMC should get a bounce off of the CSCO earnings today.
May 15, 8:46 PM
• !Report Abuse
Add a reply...

140 characters

ltfinger
Today's Potential Upgrades (3/21/13): $AFL, $AGQ, $AMT, $BPL, $FXY, $GOLD, $ISRG, $MMP, $PNRA, $ROST
Mar 21, 11:19 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Today's Returning Downgrades (3/14/13): $AGQ, $AGU, $TCK, $VRA
Mar 15, 9:38 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

SKS1586
Bought some $AGQ - Great SA article-http://seekingalpha.com/a/qush
Mar 7, 11:35 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

SKS1586
Bought some $AGQ, $NSU (Greenblatt's MFI + Gold/Silver)
Feb 27, 10:58 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

SKS1586
Bought some $AGQ - http://seekingalpha.com/a/p7x1 http://seekingalpha.com/a/p551
Feb 14, 12:20 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

SKS1586
Bought some $AGQ based on SA Article-http://seekingalpha.com/p/urvd
Feb 13, 12:02 PM
Reply (2)

• !Report Abuse
View all 2 replies
joeg1969: Great Article i also added on the DIP
Feb 13, 12:03 PM
• !Report Abuse
SKS1586: Congratulations. You will make lot of money on this trade.
Feb 13, 12:47 PM
• !Report Abuse
Add a reply...

140 characters

LATEST REPLIES

SKS1586
Bought some $EMC, $WPRT, $FSYS, $ETP, $ANV, $AGQ.
Mar 22, 12:40 PM
Reply (1)

• !Report Abuse
View all 1 replies
kyle.benson: EMC should get a bounce off of the CSCO earnings today.
May 15, 8:46 PM
• !Report Abuse
Add a reply...

140 characters

SKS1586
Bought some $AGQ based on SA Article-http://seekingalpha.com/p/urvd
Feb 13, 12:02 PM
Reply (2)

• !Report Abuse
View all 2 replies
joeg1969: Great Article i also added on the DIP
Feb 13, 12:03 PM
• !Report Abuse
SKS1586: Congratulations. You will make lot of money on this trade.
Feb 13, 12:47 PM
• !Report Abuse
Add a reply...

140 characters

goferit
SLV, USLV, AGQ all seem to be breaking upwards! Stockastics, MACD, RSI look good, too!
11/8/12
Reply (1)

• !Report Abuse
View all 1 replies
pablo63: Exactly....NUGT too.
11/8/12
• !Report Abuse
Add a reply...

140 characters

The_American
SLV consolidating nicely along with GLD with SH term traders @1800 UGLD breaks USLV breaks to 50 as last time PHYS IAU @1900 AGQ PSLV near50
10/1/12
Reply (2)

• !Report Abuse
View all 2 replies
John R. Conway: golden cross also working nicely for SLV. If SLV can break current levels I'm looking for $35
10/2/12
• !Report Abuse
The_American: SLV more volatile and broke 35. Last time GLD was @ 1900 PSLV was almost 50 we should see between 40-60 depending on UGLD PHYS IAU USLV 100%
10/3/12
• !Report Abuse
Add a reply...

140 characters

johnybutts
Talk about sticking it out... My portfolio down ~20% in June, has now come back and more. Long: PPP, SLW, IAG, PAAS, ALXDF.PK, AGQ, AUQ, GPL
9/13/12
Reply (1)

• !Report Abuse
View all 1 replies
Ocean Man: Way to hold. Miners look great now.
9/13/12
• !Report Abuse
Add a reply...

140 characters

freefdawatchlist
http://bit.ly/LZzVqO Strong US Non Farm Payroll number of 90k expected $TVIX $VXX $TZA $GLD $AGQ $IAU $SPY
7/6/12
Reply (5)

• !Report Abuse
View all 5 replies
DaLatin: 131,000,000 workforce size.. Thats still 3+ decade low !
7/6/12
• !Report Abuse
phemale60: Even tho disappointing to most, didn't hurt me that bad --- ATRS saved my day! and holding VXX. ZSL good but hard to gauge, moves too fast
7/7/12
• !Report Abuse
Add a reply...

140 characters

countdrak
Should have gotten out when I had a a chance..SLV , AGQ are doing terrible. What is the low resistance for SLV, $26?
3/14/12
Reply (1)

• !Report Abuse
View all 1 replies
Funkengruven: Had to bounce out of slv at 31... now I'm lickin' my wounds.
3/14/12
• !Report Abuse
Add a reply...

140 characters

carlprice
INTERESTING CORRELATION: SLV, AGQ, USLV seem to be tracking FXE which is Euro currency! FXE up=SLV up!...etc.
3/8/12
Reply (2)

• !Report Abuse
View all 2 replies
carlprice: As I thought.....FXE starting to surge due to Greek bond vote >80%...SLV, AGQ, USLV also following suit. If Greek vote >90%...great for mkt
3/8/12
• !Report Abuse
carlprice: FXE maybe has 5 to 10 more up days to reach $135 YTD up-channel resistance. Maybe hold SLV, AGQ, USLV positions until FXE=around $135?
3/8/12
• !Report Abuse
Add a reply...

140 characters

carlprice
So far Thurs, SLV holding above 200 dma (approx $34). If this support holds today & Fri, I think SLV, AGQ, USLV resumes up-channel trend.
3/1/12
Reply (1)

• !Report Abuse
View all 1 replies
Char55: it didn't...
3/2/12
• !Report Abuse
Add a reply...

140 characters

carlprice
SLV almost at strong support around $34.50 + /- 50cents. Get ready to Buy SLV or AGQ or USLV! Likely SLV goes quickly to $40/42 then pause
2/29/12
Reply (2)

• !Report Abuse
View all 2 replies
nasalpancho: silver has strong support at $36? Where on earth are you pulling that info from
2/29/12
• !Report Abuse
carlprice: Nasal.....you need glasses. Who said $36???? I said around $34.50 +/- 50centts which means from $34 to $35 ! Also Bernanke shocks SLV!
2/29/12
• !Report Abuse
Add a reply...

140 characters

briandiplacido
Is the squeeze on in the poor-man's gold? I sure hope so, LOL. AGQ.
2/29/12
Reply (2)

• !Report Abuse
View all 2 replies
jdub2788: My IRA is loving every second of this. My SQQQ not so much. Whatever.
2/29/12
• !Report Abuse
briandiplacido: Ah, I just watched a 5% gain disappear in a few secs.
2/29/12
• !Report Abuse
Add a reply...

140 characters

Joshua Hayes
All about the printing press inflation train. $GLD $DGP $SLV $AGQ. No interest rate hikes till 2014.
1/25/12
Reply (3)

• !Report Abuse
View all 3 replies
AlphaVolume: GDXJ will yield 10% too...
1/25/12
• !Report Abuse
untrusting investor: Go Banana Ben Go. Oil to $150+/barrel here we come. What's Uncle Bennie gonna do then?
1/25/12
• !Report Abuse
Add a reply...

140 characters

Jimbozeubuen
Got in AGQ at 56.57 :)
1/25/12
Reply (1)

• !Report Abuse
View all 1 replies
TonyNed: Nice. Taking profits yet?
1/25/12
• !Report Abuse
Add a reply...

140 characters

JCH57
Interesting - ZSL and AGQ are both down today.
12/29/11
Reply (6)

• !Report Abuse
View all 6 replies
TonyNed: AGQ was down 10% yesterday and now it's up 2%. Doesn't really define a whipsaw.
12/29/11
• !Report Abuse
JCH57: Intraday was pretty significant.
12/29/11
• !Report Abuse
Add a reply...

140 characters

talbano
AGQ is 40 bucks wow!
12/28/11
Reply (24)

• !Report Abuse
View all 24 replies
Agbug: silver is a hyperactive barometer. Dont look good for SPY in Q1/2012.
12/28/11
• !Report Abuse
John Rayhall: Did Silver find new support at the 26 level?
12/29/11
• !Report Abuse
Add a reply...

140 characters

AGQ ProShares Ultra Silver ETF

AGQ

ProShares Ultra Silver ETF