$72.00 silver

Gee, not muck excitement on the forum at the new milestone.

Am I right in thinking that most members are not loaded up as much they would like to be?

Hope someone was able to get some cheaper stuff during yesterdays smackdown.
 
Gee, not muck excitement on the forum at the new milestone.

Am I right in thinking that most members are not loaded up as much they would like to be?

Hope someone was able to get some cheaper stuff during yesterdays smackdown.
I believe some are floating on luxury yachts now ;):D but yes lot did run with tails between legs along the way, lilly livered, run away after just one battle :rolleyes::D It takes a special kind of stubborness to have diamond hands lol
 
I believe some are floating on luxury yachts now ;):D but yes lot did run with tails between legs along the way, lilly livered, run away after just one battle :rolleyes::D It takes a special kind of stubborness to have diamond hands lol

Eye Eye, Captain BlackSheep!

I too am glad that I was 20 years ahead with my stacking my booty, than one day too late with it.

Now us two crusty old pirates can sit back sit back and watch the Shits & Giggles show from the sidelines while chewing and spiting our Tabaco.

Sometimes wisdom does come with maturity.
 
Theirs a lot of "watchers" and not a great deal of active participants... much trading offsite also these days (I know. I have been on and off with months/years gaps only visiting for status updates and to guage sentiment)

The trick in this numbers game ($£¥:00) levels and retracements, all comes down to stops, profits, shorts, longs and relative currency.

IMO $US, $EUR and $AUD denominated forex symbols make these currencies round levels a strange attractor of market orders, and as such we see momentium shifts when moving in/through and around them...

Ive actually seen the currencies shift such that a round gold value in the currencies forms a nice ration before the price pushes through...

I.e.. when 3000aud 2000usd was rebalancing while 1800eur was in thr mix. And it just shot up through 2000eur with nary a blip on the way through, Once AUD and USD were done playing mindgames.

Benford's law taken into account for pattern analysis though, and youll find that this is more true where theirs more reference points in relevant ranges.

Cant wait till AUD / USD / EUR 100...
Or.. wait... let me go long first... so i can place a stop loss at 100 even as it passes through...
Then mabie a short... ?
 
I also think that whales with a huge stack might not want to draw attention. Also I lost my small stack years ago in a fishing accident.

PM me with GPS points of the wreck site. I've recently taken up fishing accident salvage diving. Business is booming. I offer a 90/10 split.
 
The fact that silver finished the last quarter at a record US$ close is very bullish for the price of silver.

If we follow the 2011 action this quarter, we should get to US$100+ this quarter.

And if it mimics the crazy 1979/80 action, then it should reach US$200+ this quarter

Either way, it's going to be a wild ride.

Anyone planning to add substantially to their stack should plan to do it sooner rather than later, as I don't expect any major smackdown from these current price levels.


Disclaimer[ The above is my own personal opinion and should not be viewed as investment advice from Mr Hard Case].
 
There are a lot of factors at play at the moment:
- (Production) Other base metals lack of demand, hampering production as a byproduct.
- (Demand side) with increased PV and Uncertain AI future implications to industrial consumption.
- (Deficit) ongoing deficit with no signs of resolving, and stockpiles dwindling with decreasing availability.
- Ongoing Wars causing global uncertainty.
- USA Gov Shutdown and USD Financial implications.
- Digital currencies environment and Gold/Silver as an alternative store of value class.
- Cyclical trends (Chinese gold week, seasonal weekly defiance of existing patterns)
- GSR relationship (expectation of a blow off requiring a GSR deviation/correction not just a new high price)
- Bubble formation patterns and known long/short manipulation adding to volatility and uncertainty on targets.

I would say its like trying to predict whether Schrodinger's cat is dead or alive at any point in time before opening the box.
All observation of price to date proving reliably deterministic (just look at a chart right?), yet: participants unique interpretation of value is relative to their perspective on their own knowledge and feelings on the matter.
 
PM me with GPS points of the wreck site. I've recently taken up fishing accident salvage diving. Business is booming. I offer a 90/10 split.
Sounds good
It was between Heard island and Madagascar I was trying to catch flathead.
 
The market is very predictable. Its all in the charts every single time.
Head and shoulders patterns usually dont lie.
 
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