Be prepared to short SILVER again

Get yourself checked out, it is only you

 

LOL

 

Definitely worrying....maybe just drink one bottle of scotch instead of 3....your eyes will work better.



.

 

Here it comes the opportunity, shorted SILVER @US$17.58

 

when did it reach 17.58
I have it topping out at 17.54 a few min ago

 

I wouldn't be ready to short just yet.. I believe higher before lower at this point.

 

I think it's how he likes his women

 

Hopefully he hasn't short on it.................................

 

Good luck.

It's at 17.72, but tomorrow should be interesting.

 

here we go again, Leon with another flip flopping forecast. And once again I'm feeding the post :/

Seems like you would have done better "shorting" silver at $17.90 instead of $17.58. If only you could read markets hey

 

I saw $17.62 NY time around 2pm. So Leon is in the ball park. Probably another smack down tonight or Monday - Wednesday. I think this upward movement will be short lived and I expect it to settle back to $21 -$22 Au. The big gains are usually made after a stock Market crash as precious metals become a safe haven. Leon is correct that more has to be shaken out. And remember there are still many trillions in super plans that need to be moved into dodgy stocks while the stock market cruises into hyper drive. Still some time for markets to play out till end game.

 

This upward movement has been sustained since January - so not likely short lived. The past 4 year bear market is collapsing so don't try make predictions based on the past 4 years experience. It may not pan out as you expect. Leon has been as accurate as a buxom weather forecaster. How those commercial short positions - little tense ?

 

The next major resistance level for silver is at $18.50 so if there is a correction, it should happen around there. Unless PMs sell off tonight on the US session based on the core PCE number, silver is looking at a recent new weekly and monthly high which goes against any weakness

 

I don't short the market anyway, but so far this years trend in nothing special compared to the last 3 years. A few highs and lows so far this year is nothing to get excited about. Doesn't bother me anyway if it goes up or down, I'm in it for the long haul. What will matter is what the price is when I sell it . Cheers

 

Just a gut feeling but short? Well there's a pattern in the daily chart I haven't seen all week after the two mini spikes out of the blue comes a fair drop off as opposed to spike, drop back, gradual increase followed by another spike and repeat which is what I've noticed this week.

 

Have you ever thought he may have been stacking since 1998 ? :/

 

Double down on US$17.90

 

And once again it's a good thing leon does these shorts in his head, otherwise he would be sweating. The important thing is that he thinks he is the grand master and super rich. Being delusional has its benefits.

 

Leon once again is not too far out again with his prediction. Still plenty of time for precious metal to be shaken down again. Besides, those who are long term stackers would love silver and gold being butt kicked by THE FIX ( as this can only last so long )....Leon once again stands corrected so far, as more needs to be shaken out and down. :lol: This reminds me of the times of when I had my favourite financial at hand - Big Stack McGee. When he was buying gold French Roosters big time off APMEX, I would wait for PMs to be slammed down and then buy. As dealers always had a knack of off loading crap before a smack down. Now I have Leon, he's almost as reliable as Big stack