Something Big going to happen in Silver.....?

IMO If resistance around 18.80 breaks then 20 is on the cards, and if that can hold a gradual move to 26-27 could be possible before some major resistance kicks in
 
-j-p-shmorgan said:
wrcmad said:
-j-p-shmorgan said:
I'm still waiting to see more support, and it's just not getting any with all the shorts in the paper market.
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There are the same amount of longs in thy market....
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Don't get me wrong, I'm long-term silver.
But I expect it to get smashed back down before any dramatic "to the moon" scenario.
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Since a contract need two sides, being a buyer and a seller, in the futures markets case two sides that are willing to expose an amount dollars to the silver price trend, it's totally useless to talk about shorts and/or longs. Instead, what matters is the amount contracts, as a net same but inverted total for both supply and demand trader classes. What finviz.com shows below every price chart.
 
Eruaran said:
Greece is talking to Russia and likely to do a deal with Moscow I think.
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That would make for some interesting times.
I can see the headlines from the USA press now "Russia infiltrates Europe" or "Greek succumb to Russian pressure".
Cause in this world we live in, free choice is only ok when it suit's the agenda of the USA/UK.
 
Nothing big is going to happen with silver until 2020. The value of silver and gold will go up, but while their prices are down, buy some.

Buy now while its down. Buy tomorrow if goes high. Just keep buying. Any spare cash you have in the bank is doing you no good sitting their.. How much interest have you made on your money in the savings accounts?

I have some cash in my savings, and i'm lucky if I make any interest on it. A few dollars a month, with no real upside in the future for leaving my cash just sit there.

However, precious metals do have their upside, and it can be substantial. I could be wrong about the dollar, but it looks like its strong and has the tendency to stay strong. Just keep buying
 
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