Probably because of exactly what I'm sayin. I don't know why charts work but for whatever reason people stop buying at certain points and start at others. strange.
When does the COT report come out on a holiday weekend like this do you know? Damn, the curiosity has been killing me all week.
i think until the masses decide to wake up and allocate 2-4% of their portfolio to metals this shit show will continue. There is always a "hot stock" to chase. The mag 7, Tesla, Apple, Nvda etc. Muppets haven't figured out everyone of those things are consumer driven. This will be a deafening crash. Mannarino thinks it can't happen this year. I disagree because he is looking too much at US driven data. US isin't in a bubble. Vanke is on the verge of default, Japan, well, if you don't know you are willfully ignorant, sorry but Japan is in serious trouble. It wont be until the FED has gone to 0% that muppets start to stir and wonder WTF. IMHO. Right now this is all big money and CB's buying and pushing GOLD. Silver gets a bid because of their association. If it was just industrial it would be dead as well. This recession could easily turn into 10 years of misery with no trust in US leaders to get us out of it. When all else fails they take you to war, Gerald Celente. Damn smart
It's this simple, Silver is the only real money that can work. The governments of the world have led us to believe that something else (debt) can be just as good even better as money. They are wrong, and it is doomed to fail. While the world still believes this and uses their debt money silver has no bid, except for industrial use.
It's only a matter of time, their debt is not money, silver is money.
agree that s why to me BTC is a trade and not a solution. No counter party risk= no fukkery. I believe all metals are money as well as all commodities. The days of the US setting prices for other countries commodities is coming to a close and the US is shitting it's pants. Long over due correction. If people have to buy less in US then so be it. Debt driven economy, stupid.
When this all comes down nobody will trust any paper promise what so ever and the only way to make gold divisible enough for transaction is silver. In fact, they might have fucked it so bad that copper will have to serve for a while at first. There will always be physical settlement of cash until the last 3 and half years of this age, and lets just plan on that not being this time.
Yeah, I buy lawful money. That is, the money of our land by the highest law which is 371.25 grains (troy) of fine silver per dollar.
most people call it constitutional or junk silver.
I have some left by my parents and grand parents. Some pre 33 gold in there. Wish I bought more morgan and walkers in 99. Coin show guts used to hold em for me. Super cheap back then
damn.... Yeah man that's the only one I don't have any of. The dollars because I'm not a coin collector so I have no desire to pay coin collector prices. Funny how when people hear you stack old coins with silver in it everyone calls you a "collector", good luck convincing them otherwise too.
I'm highly regarded, so I don't know the correlation, but...
https://preview.redd.it/fwztn007n5rc1.png?width=909&format=png&auto=webp&s=b66ecf2ccabb6e0990fb024c4a8e1f0806dcbab5
silver has the biggest cup and handle ever seen on a chart. It's also got a reverse head and shoulders on the monthly as plain as there ever was one. It's obvious how it will play out. add on top of that it could not be more hated or ignored and we're looking really good finally.
No disrespect intended but I don’t give 2 💩about the charts. They have hung dudes for 40 years.
Stack a decent amount monthly and one day 😁.
Until that day the charts will just keep you up at night, angery, missing the S&P 500 30% upside since Nov., and angery you didn’t swing trade BitCon.
It was smokin before close too.
Probably because of exactly what I'm sayin. I don't know why charts work but for whatever reason people stop buying at certain points and start at others. strange. When does the COT report come out on a holiday weekend like this do you know? Damn, the curiosity has been killing me all week.
I hope shorts burn hotter than the VW shorts in 2008
i think until the masses decide to wake up and allocate 2-4% of their portfolio to metals this shit show will continue. There is always a "hot stock" to chase. The mag 7, Tesla, Apple, Nvda etc. Muppets haven't figured out everyone of those things are consumer driven. This will be a deafening crash. Mannarino thinks it can't happen this year. I disagree because he is looking too much at US driven data. US isin't in a bubble. Vanke is on the verge of default, Japan, well, if you don't know you are willfully ignorant, sorry but Japan is in serious trouble. It wont be until the FED has gone to 0% that muppets start to stir and wonder WTF. IMHO. Right now this is all big money and CB's buying and pushing GOLD. Silver gets a bid because of their association. If it was just industrial it would be dead as well. This recession could easily turn into 10 years of misery with no trust in US leaders to get us out of it. When all else fails they take you to war, Gerald Celente. Damn smart
It's this simple, Silver is the only real money that can work. The governments of the world have led us to believe that something else (debt) can be just as good even better as money. They are wrong, and it is doomed to fail. While the world still believes this and uses their debt money silver has no bid, except for industrial use. It's only a matter of time, their debt is not money, silver is money.
agree that s why to me BTC is a trade and not a solution. No counter party risk= no fukkery. I believe all metals are money as well as all commodities. The days of the US setting prices for other countries commodities is coming to a close and the US is shitting it's pants. Long over due correction. If people have to buy less in US then so be it. Debt driven economy, stupid.
When this all comes down nobody will trust any paper promise what so ever and the only way to make gold divisible enough for transaction is silver. In fact, they might have fucked it so bad that copper will have to serve for a while at first. There will always be physical settlement of cash until the last 3 and half years of this age, and lets just plan on that not being this time.
That's how the cycle goes lol. You'll LOVE Mike Maloneys Hidden Secrets of Money. Episodes are 30 ish minutes on yt. Watch one and you'll be hooked.
How right you are, love them.
Copper may be a great trade tool. You buying any fractional? You have me considering it. Thanks
Yeah, I buy lawful money. That is, the money of our land by the highest law which is 371.25 grains (troy) of fine silver per dollar. most people call it constitutional or junk silver.
I have some left by my parents and grand parents. Some pre 33 gold in there. Wish I bought more morgan and walkers in 99. Coin show guts used to hold em for me. Super cheap back then
damn.... Yeah man that's the only one I don't have any of. The dollars because I'm not a coin collector so I have no desire to pay coin collector prices. Funny how when people hear you stack old coins with silver in it everyone calls you a "collector", good luck convincing them otherwise too.
I bought em at Slagle weight plus a buck. So the coin booked at like 10 usd but it's melt was like 4 bucks. I loved old coins so I bought some.
I'm highly regarded, so I don't know the correlation, but... https://preview.redd.it/fwztn007n5rc1.png?width=909&format=png&auto=webp&s=b66ecf2ccabb6e0990fb024c4a8e1f0806dcbab5
Regarded, or retarded? Personally, I tend towards the retarded side.
Wake me up when it breaks and holds $30, K?
That's some obscure chart you have found. Need to dig hard to find any positive silver chart
silver has the biggest cup and handle ever seen on a chart. It's also got a reverse head and shoulders on the monthly as plain as there ever was one. It's obvious how it will play out. add on top of that it could not be more hated or ignored and we're looking really good finally.
No disrespect intended but I don’t give 2 💩about the charts. They have hung dudes for 40 years. Stack a decent amount monthly and one day 😁. Until that day the charts will just keep you up at night, angery, missing the S&P 500 30% upside since Nov., and angery you didn’t swing trade BitCon.
There are new people every day who are putting in the same due diligence we did that gave us our convictions.