AGQ- Time to push higher
Please check my previous ideas on AGQ, why I like to invest in it and the potential there is.
AGQ is a 2x leveraged Silver ETF. Instead of utilizing swaps like most geared funds, AGQ invests in silver futures and forward contracts—this also means the fund is structured as a commodities pool, so it will distribute a K-1 form.
Since I expect silver to go higher, holding some AGQ shares is another way to invest /speculate on the price of silver rising.
the FXPROFESSOR
AGQ is a 2x leveraged Silver ETF. Instead of utilizing swaps like most geared funds, AGQ invests in silver futures and forward contracts—this also means the fund is structured as a commodities pool, so it will distribute a K-1 form.
Since I expect silver to go higher, holding some AGQ shares is another way to invest /speculate on the price of silver rising.
the FXPROFESSOR
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