ETFMG Prime Junior Silver Miners ETF (SILJ)

[tootalljones]

on the weekly, there is a clear double top with MACD in the process of crossing over to the downside, a very bad harbinger for the entire PM sector, both metals and miners. In fact, this is bad for equities as well. https://stockcharts.com/h-sc/ui

[BottomBounce]

Solar could devour most of the world's silver reserves by 2050 http://twitter.com/mining_jobs $SILJ

[Snoop_dog]

It looks like it's running to $32

[SpaceTimeRift777]

Stopped out at 10.20 , The manipulation in the Metals seems will never end

[SpaceTimeRift777]

50 day moving avg break today in @ 10.40

[oldmanhowie]

what’s with this turd? silver soaring this…..nothing. wtf

[antman]

There is an exploration junior RG.V at .03 cents cad which I have owned for years- (RMIOF-OTCQB)

I am looking for a 10 bagger here- (hoping that's for sure) . They have identified a very exciting anomaly at their Trek South property in the Golden Triangle, plus they are basically a project generator with all the other high grade potential properties they have collected over the years-

[BottomBounce]

Excellon Resources Inc., a silver mining and exploration company, acquires, explores, develops, and exploits mineral properties in Mexico and Canada. The company primarily explores for silver, lead, zinc, and gold deposits. It holds 100% interests in the Platosa property covering an area of approximately 11,000 hectares located in Durango State, Mexico; the Evolución property that covers an area of 45,000 hectares situated in the states of Durango and Zacatecas, Mexico; and the Silver City Project totaling an area of 164 square kilometers in Saxony, Germany. It also holds 100% interests in the Kilgore Project that covers an area of 6,788 located in Clark County, Southeastern Idaho; and the Oakley Project covering an area of 2,833 hectares in Oakley, Idaho. The company was incorporated in 1987 and is based in Toronto, Canada. $SILJ $EXN

[Elgordo84]

And just like that It hits my target!
Now I make my move.

[Elgordo84]

I wouldn’t short now
I got gold going to $1800
And silver following aswell
I’m waiting for it to hit my resistance
To short
Maybe 3-6 more wks for all this to play out

[tootalljones]

your confidence give me confidence.

[tootalljones]

Please short it....short with both barrels. GLTY

[Elgordo84]

That’s all mumble jumble to keep traders on their toes and antsy to get in
I’m more of set a place for my entry and wait for it, Then I unleashed the kraken
GLTY BTW HOPE IT WORKS OUT
IM BULLISH LONG TERM 2 year out
Not this micro stuff.
#ELGORDODAMUS

[Elgordo84]

I’ll wait for $6-$8 range
Even if it takes another 6 to 8 months
For my entry
#ELGORDODAMUS

[tootalljones]

maybe you're right but now is the time to simply let the wave carry you wherever it wants to go. There are credible arguments that silver should be 75 bucks a share right now.....The Euros and people of India (but not the americans) are buying physical now like crazy............
.............silver might be the new bitcoin...........bitcoin was always the rival the past 7 years to silver, but it has now been defrocked as a lie and a scam by the oligarchs who own it. the cryptos have left a huge segment of the johnny come latelys bankrupt....
we shall see.
people who bought bitcoin at 40 bucks and sold at 90 bucks missed the move to 66,000

[Elgordo84]

You nuts
You’ll be lucky if you get
To $14 here.
GLTY
but I’ll be looking to short on that price range.
#ELGORDODAMUS

[tootalljones]

double top break out yesterday's close in the point and figure chart. This is very important. The 200 DMA is just above 11, that too will be big. See ya at 20 bucks.
Silver is gonna get crazy FINALLY.
https://stockcharts.com/freecharts/gallery.html?SILJ

[tootalljones]

double top break out yesterday's close in the point and figure chart. This is very important. The 200 DMA is just above 11, that too will be big. See ya at 20 bucks.
Silver is gonna get crazy FINALLY.
https://stockcharts.com/freecharts/gallery.html?SILJ

[Elgordo84]

In due time it will!

[SpaceTimeRift777]

50 day moving avg. breakout here

Was way oversold

Debt collapse coming soon

[Elgordo84]

The Nail in the coffin!!!
Here we go folks.
Metals are finished !!

[Elgordo84]

Metals are dead for the next 4 months
IMO!!!

[tootalljones]

dumped silj a day after buying it. ...for a small profit. My belief now is that gold is dead, so too silver. the FED will raise by another half point in june, and as many half points, or quarters thereafter as it possibly can, until something breaks. People will be delighted to get some yields, after almost nothing all these years. Fund managers are selling gold and silver funds and in silver, they are even getting short. I suppose this later bet is a belief that the entire market is now in a bear market. In the meantime, money continues to pour out of europe, and moving into the dollar which is in a bull market of sorts, another negative for equities. gold and silver and the miners are dead meat until july or august imho...https://www.kitco.com/news/2022-05-16/Gold-s-luster-continues-to-fade-as-hedge-funds-liquidate-bullish-bets-for-fourth-straight-week.html

[tootalljones]

Andrew Hecht's terrific and true article on silver and SILJ. He says it is his number 1 idea and used the world "explosive" (upside) several times. He sets forth the risk reward proposition very well. I agree. SILJ is the top pick in the PM sector and the metals and mining sector above all else, any miner or any metal. IMHO. It is now at support a terrific buy under 11.
https://seekingalpha.com/article/4505724-silj-high-inflation-play

[tootalljones]

been buying the living sheat out of this the entire day. Was today the bottom? If gold ends the year at 1900, this will be @14.50 imho. If gold ends the year at 2050, this will be at 17.50. A tremendous return. I don't think gold will go below the 1800. Too much financial madness. The market has already factored in, pretty much, two more half point increases.

[tootalljones]

WHO CAN STAND TO LOSE 15% OF THEIR SAVINGS PER YEAR? Or 15% of their purchasing power on a weekly basis? Think of the people being destroyed in the bond market, which is 10 times the size of the stock market?
Here is a reality Americans will be forced to accept, and then they are gonna plough into Gold and especially, go crazy for poor man's gold, SILVER...and silver silj.

https://twitter.com/RyannMcEnany/status/1504482599116320768/photo/1
14% true inflation annually now

[tootalljones]

as predicted, we just saw the bottom in precious metals over the last 12 hours (in all probability). Buy buy Buy like that knuckleheads says....

[tootalljones]

follow my posts, here and on slv and generally speaking if you want to make millions of dollars over time.

[tootalljones]

MSN corporations and their crazy wackjob DIMs and their corporate media don't want you to see this, and btw, it is closer to 15%, a disaster for americans....so bet when you have inside info the wackjob cali left does not or refuses to credit....take these guineas monies, as mobsters say.
mainstream left media won't ever report this, the truth. https://thepalmierireport.com/inflation-rises-10-on-producer-price-index-highest-ever/

[tootalljones]

bought a real nice chunk today, and here is the bet: that the precious metals bull, after 12 years of bear market, has already broken out....So I am buying now the downside resistance....where we might sit for a day or two or three or less, and then the bull will move slowly higher.....

the fundamentals support this interpretation but we will see...should surely be this week ending higher, but maybe I am wrong, but doubt it.

the bear paradigm is being bet, that it is now slowly changing.

[JohnCM]

[tootalljones]

sold the whole thing, during the collapse....it might collapse a lot more....is what I am thinking....

[tootalljones]

bought back in today, made a nice chunk. We shall see where this goes but we may well be here at a major decade low bottom....I can see public markets going nowhere, to slowly down, in a stagflation...silver will go ballistic and silver miners triple ballistic.

[tootalljones]

bought back in today, made a nice chunk. We shall see where this goes but we may well be here at a major decade low bottom....I can see public markets going nowhere, to slowly down, in a stagflation...silver will go ballistic and silver miners triple ballistic.

[tootalljones]

saved 150 G's by dumpin the last 2 hours yesterday....a lesson for sure.
we have broken below all major avererages and most basic support levels and wall street will have time to ponder this.....expect the Fed, Treasury and central governments to come in monday and blow tens of billions in major proxy ETFS to keep this pile of sheat up....that is what I expect...they can probably do it, but can theses phouckers keep it up for long? I am expecting a nasty disruptive sell down in all sectors into and through tax day which is april 15th...steady down down down, and the second half of april will mark the first major bear market rally opportunity, which will be tremendous...where you can double your dough, give or take. the central planners are now trying, on behalf of themselves, the gov employees, the corporate execs, to keep it up....these communitsts hate the free market, the Fixers..

[tootalljones]

here is yahoo's 5 year chart on the Russell2000 and you can see major and obvious break below 1 year of support. Everybody on wallstreet sees this too and bells and whistles are now going off everywhere.
https://finance.yahoo.com/quote/%5ERUT?p=%5ERUT


the dow tranportation index has not (yet) broken through its support, but if you look here at the yahoo "maximum time period" feature as opposed to its 5 year time frame, you can see how incredibly parabolic this major index is, and that almost never does NOT COME BACK TO EARTH....
https://finance.yahoo.com/quote/%5EDJT?p=^DJT&.tsrc=fin-srch

[tootalljones]

I also follow the Russell2000, another canary in a coal mine, and it is now through massive 1 year support to the downside. I would bet that the Dow Transports, another indicator sector have been getting cruhed,
gonna check

[tootalljones]

unfortunately, if we get a sudden bear market, and swoosh down 20 percent or 30 percent, silver being also an industrial metal will get hit, and so too silj.......everybody knows this.

[tootalljones]

I started dumping today in the afternoon. Had to do it and am glad i did.

My preferred scenario is the ones that took place in 2000 and 2008, the two prior bears, where even PM stocks got crushed, as they did also by the way, with the Covid mini bear market 2 years ago, where they were crushed in the same way....and silver in particular as a metal got hammered to hades.

When investors panic, as they should be doing now, they run to the dollar.

I might reposition here somewhat lower. The key is not to lose money. When I saw X get slammed mid day, it got me really worried. X is about to announce great earnings, so it is not "acting right" and generally is a rabbit or canary in the coal mine....Maybe this was just a half day panic but to me, this market is so far overvalued "it ain't funny."

[pack10]

Not bad, I would say so . Anyone would love a return like that. The question is; can this investment make this kind of return, and WHY?

[tootalljones]

SILJ will be #1 performing ETF in the world this year. We are in the first inning right now. This is the ideal situation for silver: galloping inflation, and a stumbling economy that stinks...and people realizing that the FED will plunge us into a depresion if it tries to raise rates to where they are needed: 6 to 7%.

A good video that tells the tale. https://www.kitco.com/news/video/show/Weekly-Top-3/3814/2022-01-15/Gold-is-reacting-to-four-decade-high-inflation-recession-signals#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DWeekly-Top-3

[tootalljones]

silj will go up 10X the price of gold, and 4X the price of silver over the next couple years. In other words, it will blow both of them away in the early stages of this new gold and silver bull market.

This is the way it always works. The silver miners are the real rabbits, and they were like this in the bull of the first decade of this century, and of the bull in the late 1970s.

So if Gold goes up 25%, you are looking at a 250% return over the next coupld years, and so forth.


But then, as the bull matures in year 3 you are just better off going into silver the metal...it tends to outperform the miners in the back half of precious metals bull markets....as retail jumps in.

Anyway, this is the way to make 1000% to 1500% over the next 5 years on your money. NOT BAD.

[tootalljones]

First pitstop, or proving ground, is up there at 17.60 to 18 bucks range, and I expect SILJ to get there fairly soon, in the next 60 days or less...People are gonna see Silver, like they did Bitcoin, when it broke out of its ceiling at 13K, only to roll ot 20K in a matter of weeks, and then blow through that to where it went which was 66K.........

And here is the deal for SILJ in analgous terms:

We have just broken up from a final low of 3500 if we were bitcoin.

We should zoom now up to 17.75-18 bucks, which for Bitcoin was 20K, and then SilJ should then move up over a period of 8-9 months to about 45 or thereabouts....

This dog has been sitting on the back porch for many years, biding his time, but he can still hunt and is young as hell.

[tootalljones]

it is a religious experience. The Bull Market in silver kicked off earlier this week, on Monday....and it should rage for the next 5 years....it's not too late! Consider yourself at the beginning of THE BIG BANG, and our new Webb Space Station, purring along now incrediblly....going where no man has gone before..

or if you like another analogy, you were there when racquel welch or Brigette Bardot had her cherry popped.

Silver will go to triple digits and Silj will go up 8 fold easily.

For the first few years of this maiden voyage, SILJ will vastly outperform the metal along the lines of 2-1 handily, but then the metal in the next couple years will outperform the miners.
The Great Bardot, the most photographed woman of the 20th centruy, known for its beauties.

[tootalljones]

People now buying SILJ beaten down, left for dead, are like those who just everal years ago, bought Bitcoin at 3500, only to see it run to 65,000 in the next 15 months....We are gonna see Silj double here this year for sure.

[tootalljones]

I think silver and SILJ is gonna go nuts from here on out, building wildly, and it will grab a lot of that 2+ trillion dollars in crypto money and they look for something real.......A billion dollars invested in Silj adds up, which is less than 4% of the crpto suckers......Silver used to be crpto and in the times of inflation, it shall return....

[captainscotty]

#SILJ: https://www.juniorminingnetwork.com/

[Pro-Life]

Solid...

[captainscotty]

#SILJ:$SILJ "sideways consolidation" SILVER $24.23

this new weekly cycle has the characteristics to become a bullish one.

$SILJ sideways consolidation - letting the MA's catch up - with RSI embedding in overbought

this new weekly cycle has the characteristics to become a bullish one. pic.twitter.com/7ziGEaK3nB

— Gold Ventures 🟡 (@TheLastDegree) October 27, 2021

$SILJ sideways consolidation - letting the MA's catch up - with RSI embedding in overbought

this new weekly cycle has the characteristics to become a bullish one.



https://pbs.twimg.com/media/FCt8AKvWUAwg9ZR?format=jpg&name=small

[Pro-Life]

The silver bull is on... peak bottom already passed.