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Rising from the ashes. You guys should really start buying the dips.
I think metals are just being dragged down by the overall market. Lots of tax selling going on. Once we get closer to the end of Dec it should taper off and back up we go. We could be forming a 1-2, 1-2 up.
I have March $40s, $50s, and $60s. I'm thinking about going April $35 next.
Could be forming a 1-2, 1-2 up.
Its cool. I'll add heavy on dips.
We already in a major economic crisis. There are 1.25 private sector workers for every single government worker and person living off the doles.
Looks good to me. USD still looks terrible.
Move to coastal North Carolina to retire. Super cheap real estate and taxes for being on or near the ocean.
Automatic fiscal cliff cuts will be $1.2 trillion over 10 years. Bernanke will print more in Jan and Feb 2013 than will be automatically cut for 2013.
Today is just proving that yesterday's take down was most likely a single person or single group of people unwinding a position. Silver still looks explosivo imo.
Still bullish! Big tail today shows that you can't hold this baby back no matter what happens. Weekly chart still is intact for that cup and handle. IMO buy the dips.
Only 130k shares were able to cover ... Man this is going to get real good..... Still another 13 plus mil shares short. Not including the options market....
Buy the dips.
IMO these raids happen so that they can keep prices within a defined range to buy. They don't want to be stacking themselves at $35+.
I'm still very bulllish for 2013.
If I win, I'm buying all the SLV iHub regulars one ounce of gold. Then I'm disappearing and youll never see or hear from me ever again.
Powerball has gone parabolic lol
Spot holding $34 nicely. Looks like some consolidation to me. End of the week should be friendly imo.
I believe it is tomorrow night. Last time we had the huge jackpot, I was off by 2 numbers for each ball. Crazy eh?
Buy the dips!
BOOOOOOOM! I'll take the slow and steady!
IMO its already starting to trickle in. Same with dividend money.
Why sell? Technicals and fundamentals look amazing. Plus the bond market is dying and so is dividend growth.
3-2-1 blastoff! GO GO GO
I think everyone is seeing the cup and handle now. CHOOO CHOOO
If we break the $35ish level then its truly off to the races. $40 spot. If they push anything down on Monday I would probably recommend buying some weekly calls =)
BOOOOOOOOOOMTOWN
Fed Still Trying to Push Down Rates
Wonder why the 1% keeps getting more powerful and wealthy? The Fed doesn't want you to earn more, but they don't care if prices of the goods you need to survive go up.
BOE Voted 8-1 to Halt Bond Purchases as QE Impact Questioned (Bloomberg). In the US the vote is 1-11.
http://www.bloomberg.com/news/2012-11-21/boe-voted-8-1-to-halt-bond-purchases-as-qe-impact-questioned-1-.html
Bond money will soon be flowing into metals. There is no squashing it now. Remember, margins were also lowered yesterday.
No. Probably won't run until next week or the week after. It still needs to break through the neckline of the cup and handle.
So for a breakout to occur then we should be looking for volume levels around 90 to 100 million.
Smart money gobbling up the weak hands.