well.. wouldn't that be nicesinlyn said:Spot: $36.86
Noshinymetal said:well.. wouldn't that be nicesinlyn said:Spot: $36.86
spannermonkey said:Noshinymetal said:well.. wouldn't that be nicesinlyn said:Spot: $36.86
We need low 20's first![]()
The Federal Reserve Has No Practical Option To End QE
January 3, 2013, at 6:07 pm
by Jim Sinclair in the category General Editorial | Print This Post Print This Post | Email This Post Email This Post
Dear CIGAs,
Such an announcement has been part of QE either from MSM or some Fed board member since it began. The implication of stopping QE is so dire to the economy that it is in a practical sense impossible. When gold was being sold by central banks during the 1970s market announcements were made constantly with the bias to depress metals.
http://www.jsmineset.com/2013/01/03/the-federal-reserve-has-no-practical-option-to-end-qe/
http://www.elliottwavetechnology.com/2012/12/silver-window-of-opportunity-2968-2623.htmlCircled in blue after successfully tagging the highlighted 31.68 target in route to the 30.65 trough following our last article, this chart also implies defense of a 29.68 downside price target with a further downside support window shaded in gray between 29.61 thru 26.65.
Although a window of opportunity exists through January 18 to buy at levels 15%-20% below the current price, the much longer-term buying opportunity remains here and now, and all the way down (if you're lucky) - to the 26.23 level. Once the minor degree 2 wave bases, it is onward and upward, and off to the races.
We continue to illustrate support for a medium-term upside price target of $47, which shall remain defended so long as the market holds the summer low at 26.07 and maintains closes above the falling green trendline trajectory so noted.
Above the market and now just north of $34.50, we continue to illustrate a resting 10-pt buy trigger, which is contingent upon price breaking out above the trigger, along with sustained trade and closes above the triggers falling green trendline
Rad Dood said:P.S Durty, which ocean were you on wen you went darn? The Indian or der Pacific?imagine if we lukin fur yer on de rong wun.... P.S.S silva 30.41usd