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If 8 doesn't hold then no support until we hit march 2020 lows at just under 5. I am keeping some powder dry for the worst case scenario.SILJ. If you liked it at 8.60 you should love it at 8.20ish now. If we are truly heading up at least for the intermediate term today is probably the last day to load. We continue on down who knows how far it goes.
Sounds like a lot to you and me but 700 mil is nothing. Literally nothing. It's digits on a computer or some paper with ink on it. At some point in the future that silver dollar in your possession will be worth more than 700 million in printed pieces of paper which will be worth 0.
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Miles writes: "Between 2007 and 2021, according to Bloomberg, the inverse correlation between the yield on 10-year TIPS and the price of gold registered 91%. And look at the divergence since. The correlation has totally broken. Given where real interest rates are, the gold price should be hundreds of dollars lower. Yet it isn't."
Despite gold's holding up so well, Miles notes, sentiment about the monetary metal and shares of gold mining companies couldn't be worse.
The break in the correlation, according to Miles, involves central banks, and he concludes that gold and gold mining shares now present great opportunity precisely for being so unloved outside central banking.
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Friday the 13th is a good day for gold to get back over $1900
any minute now ............
Very punny.Find one that won't rye to you.
Been down so long the bottom looks like up?Somethings wrong today... miners were down pretty hard yesterday. This chart seems upside down.
View attachment 10727
It broke through, but, will it hold?
Rumor JPMorgan can't meet deliveries at Comex. Rumor.
Missed it by this much.
He's wrong a lot like most analysts. Sold Bitcoin which went to 63K in the mid 20's has been talking up Silver since the 2020 tops. My point in posting stuff like is is to show none of them are worth a fiddlers fck. DYODD.Ya, silver was the last thing I was gonna short. Did get to $20.85. He seems to get things real close but it doesn't quite make it.
Source?Rumor JPMorgan can't meet deliveries at Comex. Rumor.
They’ll just print more gold.Could this be the straw that breaks the camel's back?
He's wrong a lot like most analysts. Sold Bitcoin which went to 63K in the mid 20's has been talking up Silver since the 2020 tops. My point in posting stuff like is is to show none of them are worth a fiddlers fck. DYODD.
Tell ya what. If you buy HL CDE and SILJ and hold unless they trade under $3.40 $2.00 and $7.95 you will do better than following anyone who is trying to pick the tops and bottoms going forward.They are better than my trading lately.... so I still listen to the better ones.
Rumor JPMorgan can't meet deliveries at Comex. Rumor.
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