Hi Friends,
I’m not much of a “chart guy” for silver. That’s not to say that i don’t look in frequently and see where it’s at, but just that i don’t study them that closely, nor pay much attention to bollanger bands and moving averages and stuff... i know right? What a dumb ass! Lol.
Well here’s what i saw to tonight.
Silver just did a move up, but it’s freaking friday again tomorrow — so who the hell knows? And who the hell cares? Unless of course your secretly macking it by shorting futures contracts like a boss or something. But otherwise, and specifically, who cares what it’s doing?
Moving out a bit we can see that though there’s been some lift, it almost had to bounce because it has been beaten so low.
Perhaps an argument could be made for a massive paper squeeze down to a $10 handle, but surely that would trigger some kind of phyzz shortage or something. Who knows? I’m no expert. I’ve been buying that shit all the way down since the last high (...and before) and in reality, it has not made me very much, if any, extra money — despite all of the hard asset insurance i enjoyed by holding it.
Anyway, let’s pull back to the 10 year and tell me what you see:
...it’s not like silver can “fail” like a tech/med/weed company — it’s the second most used commodity on Earth after oil — so it’s not like it’s a company that’s failing... it’s more like a BOMB that’s ready to blow!
💣💣💣💣💣
Bah ha ha... Oh that old Chesnut! — gets ‘em riled up everytime! 😜😁🤣
But fak! Seriously. Have a look at the Au/Ag ratio too. Here’s the 10 year — so we’re right at the top of the cycle...
And now check out 24hr
Whoa! ...my Spidey senses are tingling Batman!
Batman: those aren’t your Spidey senses
😳😜😁
So yeah: yadda, yadda, yadda...
Buy Silver Good. Make money longtime. Treasure is good when the Emperor makes naked funny by little honest child.
Cheers! from @thedamus
💣🔥💣🔥💣🔥💣🔥💣
Thank you for your continued support of SteemSilverGold
✌️😘
You own the internet with this post.
lol...
And your not chart guy??? 🤔 looks pretty charty to me.😎👊. Watch out 70, here we come
Sometimes i just fucking ramble along Brockman... 😜👍👍
@thedamus I am Ready for the The FED to Die then We Put Criminals in Jail and RELEASE THE HOUNDS ! Silver is Insurance and We are About to Make Our CLAIM !
Huzzah!
We Can Do This !
I do enjoy fondling my stack and laughing maniacally!!!
They just keep everyone guessing. Assholes...
Keep them Confused... Look here, don't look there...
...when the last short has been closed and the miners have thrown in the keys and and the excavator, as well as the deed to the mine... then, Ag will begin to rise for real. Or something like that...
The most entertaining chart post I've read this year! 4 stars on yelp.
:o
:)
Right on, right on, right on!
👊👹
Not bad for not being a chart guy! ;)
😝😜🤣👍
A move of 50 cents is nothing more than a blip. Silver could go to $18 or $19 and I still wouldn't be all that excited. If it went to $28, it would begin to interest me. But, trust me when I say that I'm not selling my silver for anything less than $150/oz. It will happen, on the day derivatives die and market manipulation ends. There's no telling where it will go, but the U.S. Debt clock puts it somewhere right around $624/oz. That's probably a bit optimistic - but they put gold at only $4700/oz so, who knows???
I like the way you think! Silver is ridiculously underpriced right now — get it while it’s hot!!!
😎👍⚡️🔥🔥🔥
awesome.
Interesting
#
#doughenning is also interesting.
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Silver near short term breakout levels.
Good - Guess Crypto and Precious Metal will rally into the close of 2018