Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
I'l let PC speak for himself, but as someone who was in general agreement with that comment, it would not surprise me if we go sideways on the charts (including this decline) for 18-24 months...maybe even a bit longer.
Silver had a HUGE speculative move and lots of people got caught and trapped. You don't clear that out in a few months even with a 60% decline. It's going to take longer, though not as long as 1979-80 or 2011-12.
Comments
I'm just glad to get a reprieve from updating this thread.
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
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Ouch on silver....ouch on all of the PMs today
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
Time for an update?
Knowledge is the enemy of fear
LOVE IT!
COPPER is gutter !

Did they stop spending and printing? Did fuel prices collapse yet?
Yeah, I didn't think so. The pressure is building and it won't be too long before the market reasserts itself.
I knew it would happen.
Nope, no new highs.
Buy day ? I say !
Practice makes perfect & nobody is perfect. So, practice being nobody and be perfect !
He can't read
COPPER is gutter !

I'l let PC speak for himself, but as someone who was in general agreement with that comment, it would not surprise me if we go sideways on the charts (including this decline) for 18-24 months...maybe even a bit longer.
Silver had a HUGE speculative move and lots of people got caught and trapped. You don't clear that out in a few months even with a 60% decline. It's going to take longer, though not as long as 1979-80 or 2011-12.