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Thread: Silver thoughts...

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  1. #26  
    RX Senior brucefan's Avatar
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    Quote Originally Posted by tiznow View Post
    Keep on preaching brucefan..

    fed and ecb behind the curve cause there there is no other choice.. that's their dirty little secret.. interest rate historical "normalcy" (3-4% interest rates) is a fairy tail can't happen now that they chose to go down this wreckless path..,too much debt and rates simply can't rise that much as growth is still anemic and interest payments become greater chunk of government expenditures as rates rise..

    last 8 years of economic normalcy one big fairy tail built on central bankster manipulations

    the end to latest "boom" (boom only for the elite who heavily vested in stock market) cycle is near..

    I couldn't agree more with everything you said here , As I if wrote it .
    My favorite interview of the week was with one Fed official who did admit this may just be the year they start to deal with their balance sheet

    Not sell anything of course, but this will be the year they start discussing what the plan is
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  2. #27  
    RX Senior brucefan's Avatar
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    crazy manipulation in these markets but it just gives you a chance to scale in for more

    COT open interest went to all time highs and down we go

    Still lots of questions as to WHY #silver was viciously attacked for an unprecedented, 16 consecutive days.Here's your answer:pic.twitter.com/rWiJ5El555
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  3. #28  
    RX Senior brucefan's Avatar
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    Added to my AG position today @ 6
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  4. #29  
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    Well; I took a bath on AG, and it is on Zacks sell list, #5 ranking, as if that means anything, but silver up about 2.5 % today, and I do like ag long term..hope it can weather some short term revenue decreases...
    "I don't want to know the odds."..Luke Skywalker.
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  5. #30  
    RX Senior brucefan's Avatar
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    Quote Originally Posted by 8ate View Post
    Well; I took a bath on AG, and it is on Zacks sell list, #5 ranking, as if that means anything, but silver up about 2.5 % today, and I do like ag long term..hope it can weather some short term revenue decreases...
    Most of the bad qtr 's production numbes were caused by a strike that has ended . Most levergaged play as 70% of their production comes from silver
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  6. #31  
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    Quote Originally Posted by brucefan View Post
    Most of the bad qtr 's production numbes were caused by a strike that has ended . Most levergaged play as 70% of their production comes from silver
    .

    Well; it was smart to get in around 6/sh; nice run last 2 days; gr8 call, as usual, I am still a tad red with this stock, but it's a long term play, am in Mag also, and got out of SSRI before name change to ssrm, to signify it actually gets more revenue from gold now than silver... ty for nice posts..gl
    "I don't want to know the odds."..Luke Skywalker.
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  7. #32  
    RX Senior brucefan's Avatar
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    • First Majestic Silver Corp. (TSE:FR) (NYSE:AG) insider Todd Olson Anthony acquired 5,000 shares of First Majestic Silver Corp. stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average cost of C$7.63 per share, with a total value of C$38,150.00. This trade was viewed 52 times. Read More.
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  8. #33  
    RX Senior brucefan's Avatar
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    Go time

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  9. #34  
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    Silver is on the move as well. This Daily Silver Fibonacci Modeling Price chart is similar to the Gold Daily chart, yet it clearly shows the recent move, today, in Silver that generated a strong BUY trigger with support near $16.25 and targets near $17.75, $18.45 & $18.60. As long as Silver stays above the $16.25~16.40 level, it should attempt to expand higher over the next few weeks/months.


    This Weekly Silver Fibonacci Price Modeling chart provides a larger view of what to expect with Silver. The current move is rather contained in comparison to the other price activity on this chart. Yet, take a look at the expansion ranges to the upside and the fact that today price action confirmed the upside (BUY) trigger. The upside targets are $19.50, $20.25 & 21.50.
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  10. #35  
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    nice work, fwiw, i think silver is a screaming bargain, but timing is not what I excel in...
    "I don't want to know the odds."..Luke Skywalker.
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  11. #36  
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    someone bumped your bitcoin thread 8, great call there.(obviously).
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  12. #37  
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    GOLD BUGS INDEX, SILVER SHOULD FOLLOW


    What I like about this HUI chart is that it appears to have formed a reverse head and shoulders pattern (refer to the green lines). These patterns have a propensity to foretell breakouts
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