Good volume today on the downside,but I would like to see a washout, before it bounces

https://schrts.co/wiBniRBj

NUGT Had to hold $40!

Posted 17 May 2022 - 09:42 AM

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you buy some?

 

No, I am in this camp for now:

 

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Gold and Silver push resistance, look for failure

 

Gold and silver are pushing up against resistance, gold at $1,830 and silver at $22. The highest probability is a failure from these levels. In other words, this looks like a selling opportunity. There is no guarantee; however, the probability is the metals will go back and test the recent lows.

 

Cash Hoarding Highest in Two Decades...

 

I have memories of seeing GOLD being sold along with everything during the 2001 financial crisis.

Lots of horrible gambling losses of money with the recent crypto-casino fiasco...as I expected.

$USD could again be the cleanest dirty shirt in the laundry:

https://schrts.co/nMveEkXj

 

From this weekend.

18 % bulls 59% bears

I see prices in supermarkets up 7-8%............the dance is just starting and it won' t be a nice experience