Steve, what do you make of silver's retrace and subsequent
rejection from 50 day MA? Looks pretty darn ugly to me.
In hindsight, that was a low-risk short....... hope some got
that -- I did not.
Yes, I was in total agreement with your posts of the last two
days.... but never pulled the trigger
. Keep up the good work! That
gdx weakness was like an alarm bell going off.
You better get yourself some physical silver before it's too
late. The only thing that will save the dollar at this point
is WWIII, which I wouldn't put past them for a moment! When
all else fails...take 'em to war!
I happen to agree with you on 28. Seems to be the 200
day-ma and would be support. Buying physical silver in place
of 401k contributions. Actually don't mind buying more silver
for the same $800.00 per month.
Comex responsible for 600 million ounces of silver, while only
having 33 million. Once this fraud is fully exposed, silver
will rocket.
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Wave 3 down on Silver?
Posted by kalinm on 11th of May 2011 at 12:25 pm
Steve, what do you make of silver's retrace and subsequent rejection from 50 day MA? Looks pretty darn ugly to me. In hindsight, that was a low-risk short....... hope some got that -- I did not.
Slv
Posted by rbreese on 11th of May 2011 at 12:33 pm
Have you been watching my posts for today and yesterday? I was a bit early but it is now working out. Thanks for your comments about SLV.
rbreese, Yes, I was in total
Posted by kalinm on 11th of May 2011 at 12:36 pm
rbreese,
Yes, I was in total agreement with your posts of the last two days.... but never pulled the trigger
. Keep up the good work! That
gdx weakness was like an alarm bell going off.
took your call, rbreese
Posted by bag4 on 11th of May 2011 at 12:38 pm
Thank you, quite a nice call indeed!
You better get yourself some
Posted by jtverr on 11th of May 2011 at 12:29 pm
You better get yourself some physical silver before it's too late. The only thing that will save the dollar at this point is WWIII, which I wouldn't put past them for a moment! When all else fails...take 'em to war!
Silver / Gold
Posted by rbreese on 11th of May 2011 at 12:46 pm
Best guess is we rally from lows late May but faulter one more time in late summer low i August with Silver possibly 28 to 30.
I happen to agree with
Posted by jtverr on 11th of May 2011 at 01:01 pm
I happen to agree with you on 28. Seems to be the 200 day-ma and would be support. Buying physical silver in place of 401k contributions. Actually don't mind buying more silver for the same $800.00 per month.
Comex responsible for 600 million ounces of silver, while only having 33 million. Once this fraud is fully exposed, silver will rocket.