LOADed some paper long [email protected]

GOLD is the enemy of all central banks; but SILVER isn't.

From the chart, GSR has been hovering above 70 for so long, but can't break above 80. Then the least resistant direction is DOWN.
 
Central banks bought alot gold in recent years, 2774.8 tonnes over the period 2011-2015.
At the moment gold is their "friend".
At the moment...
 
Nugget_Hunter said:
Geez, he's migrated ...

Where's my can of Mortein ?
Click to expand...

Kind of like Louie the Fly ! Straight from garbage back to you. HAHA.....Not convinced Leon got this call right. :lol:
 
Closed my silver long @16.30

Daily chart shows that silver is quickly approaching downward heavy resistance, very ugly.
 
Nugget_Hunter said:
Meaning what ?

All I see is Silver recovering , heading up.

Nothing "ugly" about that ...
Click to expand...

I think silver going down around New Year again....Silver will suck even more for the time being...Just my opinion. :)
 
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