911 replies to this topic

[goldfungus]

what else could they have done/ I mean other than act like adults from the beginning

That's exactly it. They have acted like drug dealers. No way out of this. QE will eventually come back because as long as there is QT the market is going down.

[dougie]

wild day, Fed raises and Treasury bond yields getting F'ing destroyed.

Pretty impressive. 

 

Senor

umm destroyed? isnt that a bit of an exaggeration?

[dougie]

at this point it doesnt matter what they do honesty. Damage is done.

Likely they know that very well. get while the getting is good.

[Russ]

wild day, Fed raises and Treasury bond yields getting F'ing destroyed.

Pretty impressive. 

 

Senor

The double bottom is intact, this is just a correction, expect yields to keep moving up for years. 

[K Wave]

bears could not keep Silver under 14.70 for long....

 

If it takes out 14.85 again now, bears are likely toast....

 

back below 14.70 again, and bulls would have problems...methinks huge decision just about ot be made...possibly later today....

[stubaby]

Two EW counts moving front and center:

 

Primary Count:  http://schrts.co/bJ7kG7 yesterday was completion of Wave 4 of 5 of C of 2 and now a 5-Wave subdivided Wave 5 to complete Wave 2   

 

Secondary Count:  http://schrts.co/wT7tz4 yesterday was completion of Wave 4 of a leading Diagonal of Wave 1 or 3 or C

 

Right now I would place about 60% probability on Primary count, FWIW   

 

Note: I use XAU for my EW work

 

Good Luck to all and no matter what happens short-term a substantial bull move in the PM's should unfold in 2019

 

stu

Edited by stubaby, 20 December 2018 - 09:05 AM.

[K Wave]

MASSIVE amount of work being done on Silver just below the key $15 level...

 

If/when it finally gets taken out upside, the short covering could be a spectacle to behold...

[wxman]

Stu,

Your first link does not work for me

[Russ]

delete

Edited by Russ, 20 December 2018 - 10:06 AM.

[K Wave]

Finally...fresh swing high on Silver...this may be it.....