Silver Spike...

Discussion in 'Silver' started by SilverSale, Jun 14, 2019.

  1. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Irrational by whom? Imagine James Mattis was taken out in Iraq by an Iranian drone. Tehran would have been nuked by now. At this stage neither side have struck home soil. Until that happens I don't see any response as irrational.
     
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  2. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Agree.... Imagine if Trump was killed in a drone attack by the Iranian's...
     
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  3. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Pre election, trump lambasted Obama for pushing for war with iran as an election coy. Then he got in and withdrew from the nuclear deal as commanded by satanyahu. Now both trump and satanyahu are up for re election so they kick off a war with Iran. But the blind still blame Iran for self defense. It's incomprehensible honestly..
     
  4. alor

    alor Well-Known Member Silver Stacker

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    it is an expected response anyway, there is nothing to cry about
     
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  5. openeyes

    openeyes Well-Known Member Silver Stacker

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    Current actions are irrelevant. There is a long game of control for oil reserves. Got to remember the US dollar relies on oil trading to sustain the dollar in global trade requirements.
    Any action with Iran is about long term control one way or another. Looking to understand the short term actions is not possible and these are sometimes just to stir up more conflict. Light the fire so to speak.
    What we can all be concerned about is it gets escalated out of control. Nuclear weapons certainly would be an utter disaster as this would open the gates for other countries to both develop and use them. Nothing good can come from this. Nothing.
     
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  6. Davros10

    Davros10 Active Member Silver Stacker

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    Looks like $16.51 was it.

    From there Wave 1 seems to have just finished. Wave 2 in ABC pattern, likely to take silver to $17.50 or below and then provide another great buying opportunity for Wave 3 which is likely to climb 4 or 5 $ (or more).

    Just a pity it will be undermined by a roughly 4 c rise in the AUssie $
     
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  7. minimilled

    minimilled Member

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    Silver price barely earned a goldfish kiss of a ripple in the pond with the drums of war

    Being old enough to remember worried parents in the car on the way to school in the Straits of Hormuz oil crisis in the end of the 70s, the big and real spike in oil after that, not a mere caltrop, then it might be wise to lay down some nonperishable stocks of all kinds, for when oil spikes, most other consumer goods follow. The 80s were expensive in Australia.
     
  8. Silver260

    Silver260 Well-Known Member Silver Stacker

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  9. Silver260

    Silver260 Well-Known Member Silver Stacker

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    Beat Gold, just, in the last three days.

    Edit : But just down over the week, of course, that could change within the next hour.... Lol. But you see my point :)

    Screenshot_20200108_204257_com.android.chrome_crop_46.jpg Screenshot_20200108_204305_com.android.chrome_crop_81.jpg
     
    Last edited: Jan 8, 2020
  10. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    I suspect we may have hit a top in the stockmarket here... let's see.

    Crypto's continue to fly north :)
     
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  11. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I suspect we have a long way to go yet -- its an election year afterall
     
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  12. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Did Zcash just go parabolic? Up 45+% today alone...
     
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    As they say buy on rumour, sell on news. Phase 1 signing tomorrow, it’s no coindence that next Saturday is Chinese New Year and companies will be giving out bonuses to employees. The lack of some deal even a fake one will break the new year celebrations.
     
  14. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    You didnt see BSV then I guess?
     
  15. Michael Stevens

    Michael Stevens Member

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    Is this your typical pump & dump?..........Don't know much about BSV tbh.
     
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  16. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Sure did.
    Except I have my $ in BCH instead - it has almost doubled in price in the last month :)

    Phase 1 deal, brexit, my upward projections have been met.
    Time for a drop I believe.
    I'm looking for a top. Doesn't have to be the final top, but a top nonetheless.
     
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  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Looking back, the forum didn't catch the $1450-$1460 lows correctly. It should had been the time to backup the truck.
     
  18. Davros10

    Davros10 Active Member Silver Stacker

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    Looking back "the Forum" may not have caught the gold lows, but Silver?




     
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  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    If you're referring to $14 level prices, I think not. 95% were against it. Only Pirocco declared he backed up the truck at around $15?, "exchange all his cash for silver".

    Ok, I just saw your below post. I remembered it. ;)

     
  20. Davros10

    Davros10 Active Member Silver Stacker

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    I'm referring to the recent lows that match the $1450-1460 level in Gold.
     

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