PROSHARES ULTRA SILVER (AGQ) Stock News
NYSEARCA:AGQ - NYSE Arca - US74347W3530 - ETF - Currency: USD
AGQ Latest News, Press Relases and Analysis
'Rich Dad, Poor Dad' Author Says, Amid Wide Market Crashes, 'Accumulate' This Commodity To Get 400% Return In Long-Run
Robert Kiyosaki, the author of “Rich Dad, Poor Dad”, is bullish on silver and has advised accumulating the commodity at a time when all other assets including bonds, stocks and real estate are crashing.
Gold sharply lower, dollar gains strength after FOMC minutes surprise
Gold (XAUUSD:CUR) and silver (XAGUSD:CUR) bulls waiting for a dip might have their opportunity after just-released FOMC minutes (late-July meeting) say the central bankers were surprised by the strength in household spending in wake of the economic crash.That headline has helped send gold to a 3.25% decline and silver down 4.2%.
CME reportedly raises gold, silver futures margins (NASDAQ:CME)
Exchange operator CME Group (NASDAQ:CME) reportedly is raising Comex gold futures initial margins by 6.9% to $10,320 per contract from $9,750 previously.CME also is said to raise Comex silver futures margins by 15.2% to $13,250 per contract from $11,500.The moves come after gold and silver futures plunged today.ETFs: GLD, SLV, IAU, PHYS, PSLV, USLVF, AGQ, SIVR, SGOL, UGLDF, BAR, UGL, GLDM
Gold futures hit with biggest daily dollar decline in more than seven years (Commodity:XAUUSD:CUR)
In what felt like "a mini-crash," gold (XAUUSD:CUR) plunged 4.6% to settle at $1,946.30/oz. for its steepest one-day dollar decline since April 15, 2013, and biggest percentage slide since March 13, based on the most-active contracts.Other precious metals also took a beating, with silver -11% to settle $260.04/oz.
UNG, AGQ, TZA and BOIL among weekly ETF movers
Gainers: Ultra DJ-UBS Natural Gas Proshares (NYSEARCA:BOIL) +51.5%.Ultra Silver Proshares (NYSEARCA:AGQ) +31.4%.US Natural Gas Fund (NYSEARCA:UNG) +24.9%.Retail Bull 3X Direxion (NYSEARCA:RETL) +22.5%.Ultrapro Russell 2000 Proshares (NYSEARCA:URTY) +18.8%.Losers: Ultrashort Natural Gas Proshares (NYSEARCA:KOLD) -42.1%.Ultrashort Silver Proshares (NYSEARCA:ZSL) -26.9%.Smallcap Bear 3X Direxion (NYSEARCA:TZA) -16.6%.Ultrapro Short Russell 2000 Proshares (NYSEARCA:SRTY) -16.56%.S&P Biotech Bear 3X Direxion (NYSEARCA:LABD) -13.2%.
TQQQ, SOXL, AGQ and TECL among weekly ETF movers
Gainers: Technology Bull 3X Direxion (NYSEARCA:TECL) +15.3%.Semiconductor Bull 3X Direxion (NYSEARCA:SOXL) +14.1%.DJ Internet Bull 3X Direxion (NYSEARCA:WEBL) +13.1%.Ultra Silver Proshares (NYSEARCA:AGQ) +12.4%.Ultrapro QQQ Proshares (NASDAQ:TQQQ) +12.3%.Losers: Semiconductor Bear 3X Direxion (NYSEARCA:SOXS) -14.7%.Technology Bear 3X Direxion (NYSEARCA:TECS) -14.1%.Ultrashort Silver Proshares (NYSEARCA:ZSL) -13.9%.Microsectors U.S.
Long silver funds top ETF gainers this week
Gainers: Ultra Silver Proshares (NYSEARCA:AGQ) +34.2%.Silver Trust Ishares (NYSEARCA:SLV) +17.8%.Physical Silver (NYSEARCA:SIVR) +17.5%.Sprott Physical Silver Trust ETV (NYSEARCA:PSLV) +17.3%.S&P Biotech Bear 3X Direxion (NYSEARCA:LABD) +16.7%.Losers: Ultrashort Silver Proshares (NYSEARCA:ZSL) -28.7%.S&P Biotech Bull 3X Direxion (NYSEARCA:LABU) -16.1%.Junior Gold Mine Bear 3X Direxion (NYSEARCA:JDST) -15.1%.Ultrashort Natural Gas Proshares (NYSEARCA:KOLD) -13.2%.DB Gold -2X ETN Powershares (NYSEARCA:DZZ) -13.1%.