Thanks for this post...I may be missing a few days as I rekover.ZZZZZZZZZZZZZZZ Be bak maybe at de weekeend Comand of de SS be all yours till den. AK ER 43
I propoze tu u pyrates dis propaganda to pursue ya tu pinch pennyz and puttem inya purce and pwrotekt it fwom the imfamus "WHITE COLLAR ZOMBIES" I rekon itz tru, they ave been hidin' out, wif boat loads of tide all stealthy lyke, and are waiting for the best tyme to strike! They mae eat our brainz, but der can nevah eat our silver!!!!!
Aye AK Errol43, Tis good that ye take some well-earned shore leave while the rest of us continue our preparations for the big move northwards. We won't leave port without ye! Crew, I think this might be a good point to drop the golden anchor. From the chart below we can see some good support at the USD $31 level. (Silver only 'fell' (or was shoved!) below that line during the December violation when trading volumes were ultra light.) Admiral James Turk sees a one-year flag formation in the chart (see 'his' green lines below drawn from memory so only approximate), whereas I tend to see a pennant (see my purple lines). The only real difference is the timing of the resulting up-move. Both charts resolve themselves into dramatic up-moves. (Generally the more 'often' your trend line touches the price line the 'stronger' the indicator. Jim's 'flag' baseline touches at two points, whilst my pennant baseline hits three. We might have to get an umpire call from Mr Retarded Monkey as to which one is actually best.) My only concern with Jim's 'flag' is that it 'suggests' a whole lot of possible downside right now, whereas I can only see strong support at the $31 level, and don't expect much downside from here. Furthermore, if you bring my Pennant baseline UP (moving it UP from the $26 triple bottom level) to the current $31 support area, the resulting (smaller) pennant suggests we might have to only wait another 3-4 months for the pattern to fully complete. Of course, we might get a breakout before then but let's not get TOO bullish! No guarantees though! Just what I seeing today over a mug of Edna's Gunpowder tea. (Why, oh why didn't Blythe take after her nice mum and just open a small cafe somewhere selling rock scones and good tea? OK, the scones might kill a few customers but overall the world would be a much better place...) Sigh! Every day brings more bad news for the USD... it's all just a matter of time. (Twenty One Gun salute as AK Errol43 steps ashore!) SPOT : USD $31.50
Turk, tat be a beautifull chartz ya got dere. tell me doh,duz dat look like an inverted head and shoulders formin' over da lasd' 7-8 months or soe? cos if dat brweakz up, frew da MA-50 weekly + de flag and de pennant. shoreline we be looken at lettin a bull loose in de $42 dollar shoppe?
Aye, Azure, there's a lovely inverted head and shoulders in there as well (and the right shoulder is almost complete). In fact that H&S looks like it will complete within the next few weeks as well, so it's really a case of ''take your pick" as to which pattern is the more significant. However we know the elite can often break the patterns, just as they quenched the nice break out in January. But this too shall pass. I believe the European collapse will occur in the latter half of 2012 (and I believe it will start with a collapse in the highly-leveraged Bundesbank and the German bond market.) The elite control these markets after all. Why else would the major Greek bondholders take a 75% haircut without a peep? (And remember we saw a German bond sale 'fail' last year - as a warning shot across the bows!) The dominos are all in place. The elite are currently buying monster boxes in the same way that we buy single coins. They OWN the Comex - and rig it to their own advantage with obvious legal impunity. Whether they can continue to hold the price down for much longer remains to be seen. The USD will take a major tumble later this year, and that might trigger a stampede into physical metals. Also, the coming major war in the Middle East will trigger an oil price spike - and gold often follows oil up. PLUS the gold chart has just dropped to its 50dma - so we can expect a bounce there in the next week or so - with silver hopefully following. QE3 is coming in (probably) June too! All things considered we seem to be at another major bottom here with a lot of blue sky overhead. All we need is patience!
Geez Azzi, dat dere iz a fine spezamin orf ar walkin Zoombi pirate frum blythez band orf raidarz. Tank da sparrowz dat Captain Turks bi buzy dowing da chartz, i tink hiz bin fruzdrated weyting fur spot ta move uz owt diz cove wee bin in. tit kin send ar man crazie yer know, weyting an wathing awl da time, spezily wid da likez orf polly an croc roc fur company $31.40 USD $1835.73 USD
Howlds on ter ye hats thr apiers ta be a storm a bruin. inta da riggn ladz, unfurl da sales. Norf we be heeded an fazt it be. 31.82
Holdin' true dere Cap'm, I can feeel der winds are blowin' strong tonight. Waiter minute, that's jus me. Arrrrrr.
HI CRu.. beem ashure nour for 3 daaas..Beeen bien a fare bit of silva...Mi Silva suppaplier . he tell me everi won is sellen and I be the onli buyer. Be bak on bored Sunda nite.. Sale hard tanite cru ye mit just get to berg 32.. On leve Aker 43
Trouble bean as I sees it Cap'n errol, tis they payin yer to much booty, I hears tell you be ta riches man on the seven seas. Tis time for a re distribution of wealth. :lol:
Been choppy all day me hearties but the wind has been pushing us! WIND DAY 2012! Been eating me beans and apple juice all the day. Hoping that will help pick the sails up when we be on the high seas.
