…from a distance.

Certainly not a done deal! I’ll believe it when …

All of them indicate bearish intentions?

TODAY THE SLV APRIL 20TH 2018 $16 CALL=22.079 VOL.—THE $16.50 CALL=35.202 VOL.—[see link at bottom]

Options volume is accelerated on the iShares Silver Trust (SLV) this afternoon, with nearly 70,000 calls and 35,000 puts traded. This is more than three times what’s typically seen at this point in the session, with volume pacing in the 100th annual percentile. Diving deeper, it looks like speculators are targeting a key technical level for SLV ahead of a historically tough month.

Specifically, the April 16.50 call is most active in SLV’s options pits so far, with 35,140 contracts on the tape. The bulk of this action — including a 15,000-contract block — appears to be of the sell-to-open kind, meaning traders expect the shares to churn below $16.50 through the close on Friday, April 20, when the front-month options expire.  This region has served as an overhead ceiling for SLV shares for some time, with the last monthly close north of here coming in August 2017. What’s more, $16.50 coincides with a 23.6% Fibonacci retracement of the trust’s rally from July through September of last year. More recently, the shares have been chopping between support at $15.30 and resistance near $15.90 since early February.

This disappointing price action could continue over the next several weeks, if history is any guide. According to Schaeffer’s Senior Quantitative Analyst Rocky White, SLV has been one of the worst-performing exchange-traded fund’s (ETF) in April, turning in a positive monthly performance in just three of the past 10 years. On average, SLV returns 1.31% in April — a move that would put the shares right in the middle of their recent range, based on the current trading price of $15.40.

However, data from White shows SLV has been the best ETF in the second quarter — potentially bad news for the massive amount of speculators that are currently short on silver. Over the last decade, the shares have ended the second quarter positive 90% of the time, boasting an average return of 9.7%. A similar swing higher would put SLV near $16.90 by the end of June, territory not seen since last September.

His Neocon cabinet – aka John Bolton and Israel will allow it…

I have my doubts the warmongers will let us out of Syria or the M.E. anytime soon

Trump: “We’re Coming Out Of Syria Very Soon; Others Can Take Care Of It Now”

President Donald Trump made a surprise announcement on Thursday afternoon, stating during a speech in Richfield, Ohio dedicated to Trump’s infrastructure week, that US forces will be withdrawing from Syria, citing the defeat of ISIS and the need to defend US borders and rebuild crumbling infrastructure: “We’re coming out of Syria very soon. Let the other people take care of it now.” Others like Russia perhaps?

cont. https://www.zerohedge.com/news/2018-03-29/trump-were-coming-out-syria-very-soon-others-can-take-care-it-now

and VOTE IN THE POLL VOTE IN THE POLL

and here I thought you were a master of the obscure!

former supreme court justice john paul stevens has urged the repeal of the second amendment.

don’t worry.  repealing the second amendment would be incredibly difficult. what it would take is a two thirds majority of the house and senate plus a majority of the legislatures in three quarters of the states to go on record trying to cancel part of the bill of rights.
any politician over the age of twenty one realizes that would be an act of political suicide.
anybody who thinks there are that many politicians willing to end their careers, well, i want to know what you’ve been smoking.  i want to buy stock in whoever’s selling it.

Re Huang on……they’ll take it out of my cold dead hands !!!!

I can’t even keep up with those Dungeons and Dragons tokens called Etherium, Hopium and Bitcoin.

Have had several people lately lose their ability to post with no changes made on our end. Fortunately it seems an easy fix with a new PW.

In the poll so far not much enthusiasm for self driving cars …

Millenials will probably embrace them.

I had this thought the other day:

Millenials = Eloi
Mexicans = Morlocks

🙂

PS Morlocks at least in the sense that they do the work.

thx!

https://www.youtube.com/watch?v=I6taC4Qxq7g

Think Facebook knows a lot about you? Google is WORSE! From deleted files to location history, IT expert reveals the extent of the personal data the search giant holds on you

http://www.dailymail.co.uk/sciencetech/article-5557619/IT-expert-reveals-extent-data-Google-you.html

Wierd u ain’t kidding…see Bonds, rates are falling apart while the SM is well bid….which makes no senses at all, unless real investors are dumping Stocks and buying Bonds, while the scum are buying the SM with both hands.

SIL is up 40 cent****************SLV is up 2 cent**********I don’t like the action and technicals in PMs…but we all know they are unreliable most of the time….I have no PM inventory on my books ahead of this 3 day weekend…after rummaging around, looking for a way, with the least monetary exposure–yet still a sizable position-I spent 2 grand and I came up with this “bright idea” [snort!]=

**********************************

Walter Huang’s family tells Dan Noyes he took his Tesla to the dealer, complaining that — on multiple occasions — the auto-pilot veered toward that same barrier — the one his Model X hit on Friday when he died.

If the above is true, then we have a very good Darwin candidate…..