Not happening, I have gone on the record last week as saying silver will not dip below 22 for months
Kind of how I (all be it, jokingly) said silver would never get >$30 and then it did within a matter of a couple weeks. I would say, leave the predicting to the experts, but anymore, they need extra towels to wipe the egg off their faces. The market is so screwed up it's amazing. Does the opposite of what you think it "should" when news happens. Moves 2+% (silver) either way in a day with no news.
There is no rhyme or reason to it, just have to get a range in your head and when it hits the lower or upper end of that range you determine, you do what you feel you need to do. With that approach, you have no one to blame (or reward) except yourself. Not Sinclair or Gartman or whoever, only yourself, because ultimately it's your $ that's tied up in it all, not theirs.
To forgive is to free a prisoner, and to discover that prisoner was you.
<< <i>As the person who stole "SPLUNGE" from Monty Python and applied it to the metals markets, I define a "SPLUNGE" in gold to be a drop of one percent or more within a short time period.
<< <i>As the person who stole "SPLUNGE" from Monty Python and applied it to the metals markets, I define a "SPLUNGE" in gold to be a drop of one percent or more within a short time period.
>>
Would today be a quadra-splunge? >>
It would be correctly termed a double-splunge.. seems for those of us the sold yesterday or bought the inverse of Silver, the DSLV... really make out on todays move hey...
Comments
<< <i>
<< <i>And now the decline?? >>
Not happening, I have gone on the record last week as saying silver will not dip below 22 for months. >>
You may have to "eat your words" sooner than expected.
Kind of how I (all be it, jokingly) said silver would never get >$30 and then it did within a matter of a couple weeks. I would say, leave the predicting to the experts, but anymore, they need extra towels to wipe the egg off their faces.
The market is so screwed up it's amazing. Does the opposite of what you think it "should" when news happens. Moves 2+% (silver) either way in a day with no news.
There is no rhyme or reason to it, just have to get a range in your head and when it hits the lower or upper end of that range you determine, you do what you feel you need to do. With that approach, you have no one to blame (or reward) except yourself. Not Sinclair or Gartman or whoever, only yourself, because ultimately it's your $ that's tied up in it all, not theirs.
<< <i>As the person who stole "SPLUNGE" from Monty Python and applied it to the metals markets, I define a "SPLUNGE" in gold to be a drop of one percent or more within a short time period.
Would today be a quadra-splunge?
Knowledge is the enemy of fear
<< <i>
<< <i>As the person who stole "SPLUNGE" from Monty Python and applied it to the metals markets, I define a "SPLUNGE" in gold to be a drop of one percent or more within a short time period.
Would today be a quadra-splunge? >>
It would be correctly termed a double-splunge.. seems for those of us the sold yesterday or bought the inverse of Silver, the DSLV... really make out on todays move hey...
catastrophe
crash
debacle
destruction
disintegration
disruption
failure
cataclysm
flop
ruination
wreck
cave-in
conk out
crackup
smashup
?
Liberty: Parent of Science & Industry
deterioration
downturn
drop
failure
fall
recession
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weakening
backsliding
comedown
decay
decrepitude
degeneration
descent
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ebb
ebbing
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lapse
relapse
skid
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waning
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falling off
Liberty: Parent of Science & Industry
MANIPULATION!!!
Knowledge is the enemy of fear
<< <i>
<< <i>
<< <i>And now the decline?? >>
Not happening, I have gone on the record last week as saying silver will not dip below 22 for months. >>
You may have to "eat your words" sooner than expected.
printed and eaten
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