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$TVIX Broke $11, do we test $12-13 today and tomorrow?
$TVIX in at $8.42, Target $14
Then buyback at $11 with target at $16-$17
$INDU I’m on your side of that bet. Hope it’s good beer! Lol
As soon as the market stutters this will run. Forming a good base here.
I certainly hope you’re right. I’ve been waiting a long time for silver to take off. I’ve been reading articles like these for years now. Maybe the stage is finally set.
Do you think younger money would find refuge in crypto-currency?
Hi vlispxpert, I know a lot about silver; I've been following it closely since 2012 and own several hundred physical ounces. That said, I'm not convinced it's going anywhere, for any appreciable amount of time. The Silver Users Association has a fix on the price of silver and they use their connections within the CFTC to keep the price suppressed. If silver prices go too high the medical device and electronics industries won't be able to afford putting it in their products. JPM also holds the largest silver short position on paper.
A quick spike like 2011 is all that will happen. Not to say money can't be made, but high gold prices are more sustainable due to the fact that gold is fairly disconnected from industry (except jewelry) these days.
$GOLD - Goldman Sachs bullish on gold for first time in 5 years.
https://seekingalpha.com/news/3341619-goldman-sachs-says-gold-will-outperform-hits-highest-six-weeks?uprof=45&utoken=ee2a5f25394aaf43507da9ecd7281e53#/email_link
I love the S&P coming down! Yeah buddy, enjoy your weekend Orions!
Can we see $12 today? TVIX raging in power hour
$DOW below $23,833, now at $23,673
$TVIX running hard
Market selling off. TVIX play is up, could see a push towards $12 today.
Where do see the S&P going to?
$DOW not much of a rebound after yesterday's big selloff. Wouldn't be surprised to see more selling this afternoon.
LOLOL!!!
You killed someone with a trident Brick!
$TVIX crushed it today.
This is why I hold a position in TVIX right now. I know it's not prudent to "Hold" TVIX but I ignore the hourly/daily fluctuations because the S&P could drop quite a bit more. Should get a good sell price within the next couple of weeks.
Thank you highhertel!
Good Morning AF. Fed meeting starts at 11am EST today?
$GPL - I've always liked GPL but I agree silver's not really going anywhere. Prefer gold miners
$INDU I’m thinking $18,000 at some point.
$TVIX just saw its up big AH. Higher highs coming.
$I too funny... But good stock!
Nice call on "I" Matt.
Last week I couldn't figure out what you were talking about when you said "I". I thought you were talking about yourself in a weird 3rd person kind of way. LOL
TVIX agree. Held mine over the weekend. Media says Trump is starting a Trade War. Whether true or not, it'll help flush the market out too.
$CERC Nice day for you guys. Congrats!
TVIX still holding all. Should be a good play for March, or until a correction occurs/finishes.
NVTA looking to bring some TVIX profits over here.
Thank you Jeff! I will plan an exit of TVIX for tomorrow!
$TVIX going for $12 today/tomorrow. Might see $25 next week.
$TVIX did well today. Looks like a cup and handle forming on the 1 year chart. Should coincide nicely with a March pullback in the markets.
$TVIX Grabbed some this morning on opening dip.
$SLV looks like a price move is coming. Most signs point upwards. Would you agree?
$MNKD Sold for a small profit
LTC, it made a double bottom a month ago when cryptos all bottomed. I feel it's on a little stronger footing.
Was thinking BTC would go back for a double bottom at $6000, but not sure now. do see the upside down head and shoulders pattern forming on the 3-6 month BTC chart? I'm watching this carefully.
LTC holding up better than other major cryptos.
$CHEK I remember it. It's in the dumper.
Interesting. Coinbase seems to be a bit inconsistent with that type of stuff. I remember when they released Bitcoin Cash it was supposed to come out in like 2 weeks and suddenly they started supporting it out of the blue right near Christmas. Stuff like that does not add credibility to the crypto market.
Was Coinbase removing LTCC? I only have a couple LTC in Binance, most of mine is in a hard wallet, like I said. It'll probably do well but I didn't know enough about it leading up to the fork to take a chance. I travel so much I just didn't have time to look into it.
Overall, I think LTC will do very well this year. I'm looking for it to challenge and break $1,000 by end of year. When LitePay and Visa release their Litecoin credit card it's going to get a nice boost.
Ultimately I think the IRS will need to make a new determination on how LTC will be taxed because otherwise every time you use your Litepay credit card you'll be creating a tax node. Maybe the IRS can say something like any purchases under $1,000 are non-taxable. We'll see... it's all about adoption. The more that LTC and cryptos in general get adopted the more likely the govt will change its stance.
LTCC I was going to get involved but then I read that it had nothing to do with LTC and Charlie Lee denounced it as a scam. I also read that in order to receive your LTCC you'll need to setup a temporary wallet and send your privacy info to the LTCC folks. Sounded shady to me, especially if Exodus wouldn't participate.
I keep all my LTC offline in a hard wallet, so I wasn't about to compromise my security for LTCC.
Let us know how you do though. Maybe it'll be good...