Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Silver Downtrend Continues
The silver bubble continues to deflate
http://i1216.photobucket.com/albums/dd369/extrareal/SilverDowntrend-12.jpg
Good morning Mr. Bert
Starting to look like someone is loosing control of this downward pressure IMO now if we can break that 20 day MA
What are your thoughts on breaking to the upside back into that $37 range?
Cheers Buds \_/ and Happy Friday
last time i waited for under 25. and missed. not happening this time. gonna buy it down. starting at 31.40
that's rite. big pitcher in play. but i start hitting it again anything under low 31.'s
Wait for $28.00 ...
Wait for the action at the $28.00 range. Until then, do nothing.
DAMN ! BUY TIME !!!!!!! BIG BOUNCE NOW !!!!
Sliver hasn't even kept up with inflation. Back in 1993, I remember silver at 4.17 - 4.35 & Oil was 10- 12 pbl.
Like a clock ; Beat down on jobs report friday.
Oh hey guys look what a surprise, silver tanks again.
Oh nooooooooooooooooo $34 silver is a bubble. I'm still double.
Moving Averages - Simple and Exponential - ChartSchool
A bullish crossover occurs when the shorter moving average crosses above the longer moving average. This is also known as a golden cross. A bearish crossover occurs when the shorter moving average crosses below the longer moving average. This is known as a dead cross
Golden Cross: A signal where the shorter moving average moves above the longer moving average. Usually, this term is associated with the 50-day moving average crossing above the 200-day moving average. See ChartSchool article on Moving Averages.
http://stockcharts.com/school/doku.php?st=golden+cross&id=chart_school:glossary_g
i agree that the 50ma over the 200ma is the more commonly named golden cross but in my experience all are very bullish. what stock charts fails to mention is the moving averages must be in an up trend.
This also indicates reversal
Silver Bubble Deflating - just like real estate
Bubbles never last. The silver bubble is deflating just like the real estate bubble deflated. Those who bought silver during the bubble, will be slaughtered (just like real estate buyers during the real estate bubble)
http://i1216.photobucket.com/albums/dd369/extrareal/SilverTrendandOutlook.jpg
well that works! Thank you.
Cheers \_/
The official results of the bond-swap deal of Greek creditors. What we have so far are some unconfirmed rumors of 95% participation in the bond-swap deal.
What I dont get is if
Silver Downtrend Continues
The silver downtrend is strongly confirmed
http://i1216.photobucket.com/albums/dd369/extrareal/SilverDowntrend-12.jpg
Worst-Ever Crash in Silver Demand
Demand for silver continues to crash
http://esilverprices.net/us-mint-sales-of-silver-american-eagle-coins-fall-76-to-1-49-million-troy-ounces/
Don’t Jinx it dude! Lol...
I wouldn’t say we were missing him. He’s probably been trying to explain to the wife why there $$$’s gone. Lol…
Cheers Buds \_/
P.S. did you notice that spot is over $34 tonight? Good times! Lol…
US Dollar Grows in Value, Silver Shrinks
For nearly the past year, the US Dollar (dxy) has been in a strong uptrend, while silver has been in a strong downtrend.
http://i1216.photobucket.com/albums/dd369/extrareal/DollarUptrend-7.jpg
Agree on that time line.....Maybe Iran gets then?
I am sorry, but this is not a golden cross. We simply have 50 MA moving above the 100 MA (not the 200 MA for a golden cross to occur).
Anyway, big move (in either direction) is coming come 1am EST!
i noticed we have lost a poster the past two trading days. guess he had to cover
lol, I'm with ya there
monthly candles. looks like a cup from Sept. and the handle Feb. April or may silver moves big imo
I fear that if that was to happen soon I would feel as if I dont hold enough! lol... It can take it's time IMO
Cheers Buds \_/
yep, 50 over 200 is the big one
Your stochastics say it all. Look at a monthly interval chart for spot, the most beautiful flag ever!
IMO we will be golden when those two lines you circled cross over that red one at the top! lol...
But then again any GREEEEEEEN Day is a good day my friend! lol...
Cheers Buds \_/
Little facts : Irish debt is 1200% of GDP, GB debt is 400% of GDP.......Greece is only 175% and US is 120%.......What the hell is going on?
Nice to see SILVER up.
Long & strong.
Hold on tight boys! looks like shes breaking out! lol...
Cheers Traders \_/
That sounds about right! screw the people who cant defend them selves or will not defend them selves and give a new vehicle to those holding the most $$$
Still feeling like a little guppy in an ocean full of big sharks myself! Lol… hope that they think I’m know one when it all comes crashing down in the future.
Cheers Buds \_/
I agree. However, I suspect there are back-room deals to coax the bond-holders to the table (i.e. access to cheap credit, discounted euro-bonds, access to ECB liquidity, etc etc)
I have done some reading, and it turns out that the only ones getting 'royally screwed' on this deal, are the Greek pension funds who are holding Greek bonds.
I know if I lost 54% of my hair in one sitting it would piss me off! lol... and the last thing I would do right after that is sit back down in the same chair again!
Cheers Buds \_/
Cascading free fall...
Nothing changes over here, so what groundbreaking earth shattering policy came to pass today?
Greek debt swap is going to happen
It looks as though the Greek debt swap is going to happen. This will mean less liquidity in the market, as creditors take a haircut on monies owed. This liquidity extraction will cause precious metals to decline today.
Greek debt swap = liquidity out of markets = precious metals down
Oil may be the exception to the rule, as Iranian and Syrian tensions continue to cause supply concerns.
Looks like the jobless claims spike is going to have a damper on the bounce for PM's and equities.
Silver Spot Weekly Charts
3 Year
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72905106
6 Month
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |