You can bet the Fed will be jawboning the tough talk in Jackson Hole again this year.
A good manufactured Employment Report next week and they will be hitting those chords for the machines.
Count on it.
Cheers
You can bet the Fed will be jawboning the tough talk in Jackson Hole again this year.
A good manufactured Employment Report next week and they will be hitting those chords for the machines.
Count on it.
Cheers
I’m sorry to hear about the robberies you have been thru decades ago. Car stereos too. I remember those days. It never got bad around me, I live in a small town like Mayberry. Everybody knows everybody, and only two square miles, and about 28 cops. Plus the bad guys can’t get away with much these days because there are cameras all over the place.
The first time I noticed the Silver game was in the ’70s. Every day I went to the coffee shop next door to where I was working to eat and read the paper. I started seeing these full page adds, WANTED SILVER COINS paying three times face. As time went on the number kept rising to 5 7 9 and 12 times face.
There were plenty of redemption stores around, people were lined outside waiting to get in. My friend and I had a van and would approach people on line and offer to buy from them the same dealer price, in the van. Then we had newspaper adds selling them higher. It was interesting talking to the buyers.
I found out later all the silver etc was going to the docks in Manhattan and shipped overseas.
Amazon Crashes After Missing Revenues, Guiding Far Below Consensus
https://www.zerohedge.com/markets/amazon-crashes-after-missing-revenues-guiding-far-below-consensus
This video is not as professional but the information is even more vital and discloses lots of hidden truth and how the ultra rich have pulled it off…. but it’s not too late if you will wake up. Please watch!
Just thinking about the 70 s and 80 s breaks back memories. Once my ex now departed just put in a new expensive but in sale got a deal on a new stereo fir his car. Around a day later he goes to his car and I hear him yelling In gonna kill some MF Mexicans. It’s kinda funny now but at the time it wasn’t. I’m telling him no shoot outs with the kids in the house!!!
That’s good. I had some silver and gold from the 70 s but was clueless of how to get coins other than with change or buy rolls at the bank to see if there were there. Lol I wasn’t aware they even had shops for that then. I did know how to buy silver in dishes though and had really nice pieces plus inherited some. What I didn’t know was to hide them and got burglarized living in LA. Everyone I know even my mother who would up moving to Carmel got burglarized in LA. Everyone abd I mean everyone.
Ok understood. I still have physical pre ’64 US silver coins from the 1970s at 10 X face. It was up to 35 times face around 1980. I never sold any, and over the decades I’d get some here and there 3X 5X 8X face etc at garage sales and coin shows. It was real cheap for a while. One time I was with a friend in Fla, at a flee market, and he bought a whole bunch of US Silver Dollars at $5 each. They must be $40 each these days.
Ps Once I retire I probably will day trade. Not in the sense of literally day trade but following support resistance. No matter you should always act on breach of support. Before that is was a most of day trading equities and position trading PMs Other wise you just give back your gains.
There are a lot of young people trading now as jobs go down the drain or pay isn’t matching costs. They have kids to feed and need to day trade just to pay bills. They can’t afford to wait around when it could turn on them anyways.
I don’t know what software you have never used it but sounds like your a good trader and responsible. Another reason O got out until I retire was because I found myself buying risky stocks on purpose so either a lottery or more like a tax deduction purposes after getting hit before at tax time. So after I stopped that just bought a little stopped the tax deduction I was giving to crooks sold into the highs and got out until I retire except on steel co I probably should of sold.
She’s on board in destroying all private businesses. Perhaps it’s personal as people have moved away from incompetence in government to private.
One of my daughters friends mother now can’t walk because of the vax, I talked to another person who has been sick since hers asked me what she can do.
Besides a law suit that can take years something needs to be done now health wise. Best Health decision IMO is just NOT taking it. Won’t make you free anyways and people have to realize they already are that this is just a excuse to bully people. All this negative causes health issues in itself.
Arresting people for not wearing masks is going to set up a law suit and instigate a back lash. Not only that set a further division with the police.
They are peace officers and will be violating people’s rights.
Not only that if you got someone on oxygen debt say heart trouble or COPD that can’t wear a mask will be even more trouble. The spoiled childish Karen syndrome. Daddy someone won’t let me have my way go pick on them. This is my party not theirs even though I crashed it.
You see this is why I don’t have the time and energy for this right now. I got more phyz on the way and figure either way up or down grabbed more while it’s still there. As far as the silver it will have to go to 40 to break even but that’s not the current total reason I’m grabbing some here and there right now.
Looks like the bulls and bears are fighting. Day traders probably sold could then go short but some buying going on.
If it cuts through your support will now be on current resistance. If it don’t they will not loose their gains and maybe go short and resistance will be their stop out. If it cuts through it will also be their stop going long less we go to the next level.
A concert from their 1 st ever tour of Europe, where they took the place by storm.
Looks like some might be holding some might be day trading the bounce. Can’t blame them. If it cuts through they’ll be back. But then raise your support. Can’t trust this market at all.
I really don’t do short term trading and watch support or resistance on charts. I just use the software to find the best percent performers on a 6 mo or 3 mo etc. Then I pick one if it has a p/e and or a div, and a decent market cap, and buy a small amount in case it goes down its a minor loss. If it goes up and I see 6%, I double the shares and then see 3%. If it goes up more, and I see padding I double the shares again. In fact I did that today, I bought a small amount of NUE, it went under a little, then came up, I saw 6% on 30 shares, so bought 30 more. Actually I spread $9,000 in three steel miners. One went under a little, one broke even and the NUE one went up 6%. So I’m watching. I evolved into a momentum player, but do have a very old long term positions like AGI CDE SAND and AG.
I’m not keeping up with things the is the market closed today? Charts aren’t showing anything. Had to go to the phyz numbers. It bounced up towards resistance but didn’t cut through so far bouncing off just under it.
Ps yesterday was support so if you miss resistance don’t miss support.
Just remember to have some phyz. I don’t trust this current situation we’re in and who knows if they lock up your paper.
Don’t get too zealous on where it could go other than a core long if you want. It’s manipulated. The last high about 11 trading days ago is now resistance. There’s others after to. Best to keep focused instead of hoping you lottery tickets will win. You can always by back if it passes each resistance them just sell the next if it bounce off it instead of cutting through. Just a IMO
I got heavy into the silver miners in 2000 and by 2003 I could have retired a millionaire but didn’t. It was a great feeling but — C’est la vie ! — Now I have two jobs haha
Silverngold – I’m with Ipso and hope you’re right. $4K gold by 2022 would be awesome. No clue how expensive eggs would be at that point but I’ve been waiting a long time for liftoff.
Mr. Copper – the flipside of Silverngold’s double from here is that we go nowhere. That being said, if $1700 is the bottom, I can live with that if deflation is the order of the day.
I have no clue what’s coming.
Thanks but that’s just in the phyz sense is buy it now like I mentioned.
On the charts for trades you have different resistant levels to watch which can cause you to buy sell too much for me to worry about right now although it can be fun.
I think Mr. Metals Market is just gaining confidence that the prior uptrends are still intact, and they really don’t have to worry about the Fed raising rates. Basically after 2004 many of the futures commodity charts broke out of choppy lateral pricing since the 1970s.
That ended in 2004, probably because on 9/11, which threw the bankers off stride. I doubt we will ever see $1700 again like in March in our lifetimes. Gold is the end game, and the insurance for an ongoing slow motion financial collapse.
This chart formation is very common among many commodities:
Copper: https://www.mrci.com/pdf/hg.pdf
Here’s the home page to brows others:
https://www.mrci.com/pdf/index.php
Gold: https://www.mrci.com/pdf/gc.pdf
@Are you guys doing anything?? Anybody adding funds? Or are some of you selling into the rally??
I’m thinking silver spot took a big hit below $25 and should rebound a good percentage, so maybe add more HL or buy some EXK to cover Silver.