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and i do think gld and slv have one more drop next week


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#1 gannman

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Posted 29 December 2016 - 11:48 PM

to finish their selloff the stocks have already bottomed imo  basing this on the daily macd on gld

 

all fwiw we will see


feeling mellow with the yellow metal


#2 AChartist

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Posted 01 January 2017 - 10:41 AM

webbot on greg hunter

 

silver stuff

 

paper market may not work at all when physical is $125, until it goes no offer and fractional paper markets

 

dont really exist.

 

 

But the physical price should still manifest in the miners.

 

 


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#3 AChartist

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Posted 01 January 2017 - 11:42 AM

I have the report, some new computing technology not only built out of silver

consumes silver.

 

china silk road to berlin to build out fiber optics bringing internet into the countryside to expand out bitcoin,

 

giving the people bitcoin is how the communist chinese are going to buy popular sentiment.

 

I think some silver calls 9 months out will work but not silver fractional paper claims just silver miners.

 

Theoretically something strange happens where paper market price goes to zero as metals move up.

 

I think the mining is a big part of the market capitalization to my 2023 Dow peak.


Edited by AChartist, 01 January 2017 - 11:43 AM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#4 AChartist

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Posted 01 January 2017 - 12:11 PM

well there goes the bitcoin finishing some 5th wave of some degree probably

 

just the 1 of 3 would appreciate anyone who has an opinion on the wave position.

 

I will look to buy back bitcoin in 60 days. I could be wrong and end up buying higher

 

I just needed the money for other things short term and want a little

 

breather to sleep on the waves and cycles. I also cost aveage into bitcoin with coinbase


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan