$ProShares Ultra Silver (AGQ.US)$ there's an elephant in the...
$ProShares Ultra Silver (AGQ.US)$ there's an elephant in the room, comex was extremely strained in January for delivery of physical silver. And today even more demand is coming in to drain it, rapidly declining inventory. What do you think will happen to paper when comex defaults on delivery? paper price will plummet to near zero? The risk is real and sure they may find a way out but the risk still being priced in. Physical silver however will sky rocket. So while it's comfortable trading paper at home just know there's two markets out there. One could be completely fake and we are buying it.
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