Silver where do we go now?

Discussion in 'Silver' started by mike titanic, May 21, 2012.

  1. johnmorris

    johnmorris Member

    Joined:
    Oct 14, 2011
    Messages:
    39
    Likes Received:
    3
    Trophy Points:
    8
    Location:
    Inner West, Sydney
    seems silver/gold price more linked to down of usa, rather than europe. that said, the us can't just keep propping with money printing - not now it does have real global economic competition.

    also, looks like aussie dollar taking a few hits, so now with silver bouncing back up to $29+, i reckon anyone who has been buying has done well for now.

    good buys for longer terms still - the lower the dip the longer the hold, deeper the dip, shorter the hold.

    yep, im bullish - but keeping my stacking to abut 80% of my investing playbook.

    moo!

    john
     
  2. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    last day to be getting metal near low :)

    the sign is there, got a bullish foot print there, but yet to show up on the daily chart.

    [​IMG]

    [​IMG]

    confirmation is 2-3 dollars away. :(
     
  3. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    the shadow of the left foot is on the daily chart :)
     

Share This Page