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16553758? ago

Read you comment in december. And agreed silently. Every patriot should own some ounces of gold and especially silver. Physically. Papergold and Papersilver is not the same. Maybe we will see about 12 or 13 usd per one ounce of silver. Maybe. At the end it will rocket. All papermoney comes back to its true worth = 0. We can see the end of the financial system coming when gold and silver cannot be manipulated down anymore. So buy some coins.

17107925? ago

Looking at the close yesterday, it looks like silver rallies from here or goes back below $15.00 after all. Even here, I think it's a great buying opportunity for those who didn't get in below $14.50 as I did, and I do see that $14.78-ish level as next downside major resistance, other than the "physiological" $15.00/oz support.

Since I don't have my data subscription active for my expen$ive trading software active as I'm not currently "trading" but buying physically, I don't have access to a Fibonacci tool (at least, not without hunting a site that has one I can use for free), but "eyeballing it," it looks like it's real close to a 50% RT. If it is indeed there, and those candle wicks that seem to be supportive of yesterday's lows (within a penny, I think), that just adds to the "energy" needed to continue lower. It could "bounce" then break down. The market is the market and can do what it wants, of course, but this is what I'm seeing with the limited tools I currently have available.

17340952? ago

hi. am wti short now. target 52 usd.

17345931? ago

I'm just in the physical stuff but I bought AGAIN last Thursday at $15.04 I think maybe 15.03 I'll have to look. Didn't get a huge amt, but got Christmas presents...for 2020 LOL!!

If silver is waaay high by Dec 2020 I can always keep the .50 cal (also ordered some silver rounds) and get another good present, just not one worth SO much (assuming it is).

Great buying op with the dollar up today for your "second-chance" on silver before the rally really decides to take off. Gotta figure in the manipulation going away or easing at some point down the road too.

17346643? ago

silver is better skyrocketing now. if not, could fall to about 14,50. But I think there are good chances for a upmove starting soon, maybe tomorrow. As a christmas present 2020 I suppose it is a really good investment. WTI is not looking very bearish at the moment. Need some luck, but I'm short because of my elliottwaves big picture. Maybe upmove finished completely, so we will see less than 10 usd in the future or WTI hits about 52, than rise to about 64 USD and than will crash. That's the plan.

17347838? ago

Remember, the fundamentals change about this time of the year. Do you have access to historical pricing? Here in the US, we have these "summer blends" BS that the refineries have to "change over to" for some places, so that puts upward pressure on prices in general. So there's that.

As for Christmas, yeah I'm not sure if I told you but I got my stepdad a 1-oz .45 cal pistol round silver bullet. Already got in-hand the 2-oz .308 for this Christmas, and just ordered the 10-oz .50-cal for 2020. We'll see how finances are before I give him a 10-oz silver bullet, though! It could be worth $1500 by then! LOL

"Gold will end the Fed" - Q

17364090? ago

Thank you, never heard about this summer and winter blends before. Good to know.

I'm following Greg M. from traderschoice.net |||| twitter.com/GregMannarino ||| youtube.com/watch?v=pLXMiFzMBIM ||| He is following the bonds. Knew before if shorttime bonds went higher than longtime bonds something is in the air. We can see it now. A lot of things are going on behind the curtain. Rumours saying centralbanks buying each others debt. They are in trouble.

I expect the euro to strengthen against the dollar soon, ultimately doubling. This does not mean that the euro will really become stronger, it will only lose value more slowly than the USD. Currencies are like parachutists. It never goes up, it can only go down. With the two parachutists Euro and USD this means that the Euro will fall, but the USD will fall faster. It then looks as if the euro will rise, although in reality it will also fall. It is like an optical illusion.

Meanwhile, I expect oil to fall significantly, oil to crash for the foreseeable future. I don't know what news is needed yet, but I think OPEC will disintegrate and individual members will produce more. Maybe it will finally come out that all the nonsense about peak oil is just another lie. The formation/origination of oil from dead plants under pressure is also a lie. The Russians proved this decades ago. It is much more probable that the earth inside contains almost infinite amounts of oil and gas and that tectonic plate shifts, for example, shake the whole thing up. That's why even oil fields that were supposedly empty are suddenly full again. Because new oil is flushing upwards. I can imagine such kind of “news” to crash the oil price. Then the price of the USD would no longer be so relevant for Oil price. Energy would be much cheaper, consumers would have more money available, the economy (the real economy, not the bubble Fed economy) would benefit. And then we would have the economic basis to destroy the FED without extreme trouble for normal people.

At the same time, the whole global warming (due to CO2) would be definitively refuted, so that oil and coal would be accepted again. At least in Germany they want to abolish coal completely and oil is demonized. Just take a look at this New Green Deal in the USA. In Germany it's the same if it's not much worse. They want to destroy entire industries and above all the middle class. Everything for corporations and corrupt politicians is the motto. If I'm unlucky WTI rises towards USD 62. Hopefully not.** PS: Beautiful story with the Christmas present ;-).**

>>> Silver think impulse-wave 1 ready (4hour-candles), just hit the middle bollinger band/4hours, now bit down, not under 15.09, than up and away.

17376766? ago

As for Bollinger Bands, is it 2 standard deviations distance?

17379052? ago

The Bollinger Bands show me a range and they show me, if there is a resistance or not. But it is only a little help. And sure, there are educational links to EW theory. The problem is they all use different rules. This cannot work. Impossible. I follow a german EW-guy. He is really great. He wrote a book with all the rules. Think, this is the best. Unfortunately only in German language. The basics are easy, I can explain and show you with pictures. The details are extremly difficult. The biggest problem is following the rules you can count correct counts that are very different, sometimes down AND up. So the art ist to have the wright look to see which count is the correct one. Here i show you an example of a count. It is ATX (Austrian Stockmarket-Index).

 

https://i.postimg.cc/PJ6BGYpP/asmi15032019-2.gif

 

On the left side you see a finished wave 1 up (Big Red 1) This wave 1 is an impulse wave, every wave 1 is. It's inner structure is wave 1 (impulse) wave 2 (correction, simplified a-b-c) /// Then you see the at the bottom the wave 2. It is an correcture, not an impulse-wave. Every wave 2 is an correcture. It's inner structure simplified is a-b-c. Here it is not a-b-c, it is w-x-y. In principle it is the same, in detail it is more complex, hard to count. When wave 2 (Big RED 2) has finished, wave BIG RED 3 started. You cannot see this RED 3 in the chart. But it's inner structure is again 1-2-3-4-5. The wave 1 of this inner structure is ready, you see the green-blue 1. This green-blue 1 (with again the inner structure 1-2-3-4-5/black numbers) is the wave 1 of the wave BIG RED 3. Then you see the green-blue wave 2. This is the wave 2 of the wave BIG RED 3. The inner structure of this wave two is again a-b-c, a correction, not an impulse. In this case the a-b-c is a w-x-y-x2-z. In principle it is the same as an a-b-c, in detail it is much more complex, and very hard to count. When the green-blue wave 2 has finished, the green-blue wave 3 started. green-blue wave 1 and 2 and 3 are parts of the BIG RED wave 3. The green-blue wave 3 that has started has to be an impulse-wave with the inner structure again 1-2-3-4-5 (in black). So soon there has to be a black wave 2 down. It is forbidden that it goes deeper than the startingpoint of the black wave 1. The wave 2 could reach the Fibonacci levels 38,2 or 50 or 61,80 for example. Then the wave 3 (black hast to start with again the inner structure of an impulse wave / 1-2-3-4-5. I tried to explain it as simple as I can. Did you understand anything? Hope so. However, feel free to ask whatever you like.