Home› Precious Metals

Most reliable early indicator of silver price move?

razzlerazzle Posts: 987 ✭✭✭
in Precious Metals
I read Ed Steer's "Gold and Silver Daily" which presents a lot of info, mostly negative "noise." Anyone have a more pure indicator in which they have confidence?
Markets (governments) can remain irrational longer than an investor can remain solvent.

Comments

  • jmski52jmski52 Posts: 22,854 ✭✭✭✭✭
    More pure than what?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cohodkcohodk Posts: 19,129 ✭✭✭✭✭
    Technical analysis.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    You must be a member of the inner circle of Master Market Manipulators.....Cheers, RickO
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    image

    If I hit odd, it's going up. If I hit even, it's going down. If I hit a bulls eye, buy, buy, buy. If I miss the board, sell, sell, sell.

    This helps.

    image
  • AUandAGAUandAG Posts: 24,763 ✭✭✭✭✭
    That's frigg'n funny!!! image
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    Any accurate predictions on my part would be purely coincidental.
    Unfortunately, I ran out of change.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    This

    Inverse relationship - dollar up, PMs down.

    Oil price is also currently a good indicator, direct relationship - oil up, PMs up.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • razzlerazzle Posts: 987 ✭✭✭
    Thank you, derryb.
    Markets (governments) can remain irrational longer than an investor can remain solvent.
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>Thank you, derryb. >>


    Believe that nonsense at your own peril...
    keceph `anah
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    17 common games played by trolls to disrupt our power to learn, inform, and organize on the web .... . . lol

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • mariner67mariner67 Posts: 2,746 ✭✭✭
    Contrarian popular sentiment.
    It easily could be that the next big move up occurs in the next generation.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • razzlerazzle Posts: 987 ✭✭✭
    derryb, the troll games post was interesting, too.
    Markets (governments) can remain irrational longer than an investor can remain solvent.
  • streeterstreeter Posts: 4,312 ✭✭✭✭✭


    << <i>Contrarian popular sentiment.
    It easily could be that the next big move up occurs in the next generation. >>




    This
    Have a nice day
  • OPAOPA Posts: 17,121 ✭✭✭✭✭


    << <i>Oil price is also currently a good indicator, direct relationship - oil up, PMs up >>



    Recently, "that's a fact jack." Oil was up 5% today, but has lost some of its gains, just like gold and silver.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>I read Ed Steer's "Gold and Silver Daily" which presents a lot of info, mostly negative "noise." Anyone have a more pure indicator in which they have confidence? >>



    Other than TA there's probably really nothing other than FOMC meetings, monthly NFP jobs reports, the week of 3-10-30 yr treasury auctions (this Tu-Thurs), end of month Options Expiration....lol. Yesterday's silver chart showed a nice 5 wave rise (Sunday/Monday) into an expanding triangle thrusting pattern. Once that 5th wave thrust higher was done, that was it for silver in the very short time. Silver retraced essentially the widest part of that triangle. Ending triangle thrusts are some of the most reliable patterns out there.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    currently dollar up, oil down, PMs down.

    complete nonsense. image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Sign In or Register to comment.