4036 replies to this topic

[K Wave]

Was thinking they might get one last back test of 84 on G/S...we got that overnight.

 

IF...that holds...then start to like longer term prospects for Silver A LOT better...

[K Wave]

22 has CLEARLY been set at the BIG PIVOT on Silver now...

 

See if bulls can regain their footing soon, and go take it out.....or not...

[K Wave]

 

the FTX thing sure is getting a LOT of attention. sort of like ' look over here!" while you get pickpocketted

 

makes you wonder.

IMO crypto is "really" done this time, all these bankruptcies, fraud etc. What a steaming pile of garbage it is/was. I also think this very much benefits gold/silver and REAL stuff over the next few years. Just an old hack's opinion. 

 

Senor

 

You can see it pretty clearly if you put BTC in Log Mode...this could fall a Looooonnnnggg way yet...

 

If that weekly 200 rolls and turns down soon.............

 

Edited by K Wave, 17 November 2022 - 08:28 AM.

[Smithy]

Looking for short term correction g&s here, Educated guess - spot silver to $20 and spot gold to $1730.

[K Wave]

IF Silver bulls are going to start to turn the tide....about here would be most likely spot....

 

Edited by K Wave, 17 November 2022 - 09:09 AM.

[linrom1]

It took market one week after Lehman to grasp the implication of what happened. There is a bank --Silverleaf?, that has $6 billion in deposits and over a $ trillion in flows that was somehow involved with FTX. This is no doubt part of the unregulated Eurodollar market. The fallout is bigger than the gold market.

Edited by linrom1, 17 November 2022 - 10:21 AM.

[Russ]

Socrates Oil array showing panic cycle for Jan. 2023.... 

[Russ]

This should be a good buying opp on this pullback, Gold should go up into Mid Jan. 

 

[Smithy]

If this g&s drop is only 2 days I'll be surprised.

[dharma]

sure looks to me like the broad market is marching to the cliffs.   the buyers are the public

dharma