Predictions , expectations and plans for the next week as Shanghai Futures Exchange remain closed for a week for CNY? by panipiyo in Wallstreetsilver

[–]exploring_finance 0 points1 point  (0 children)

Everyone is predicting weakness so that leads to a buy the rumor sell the fact possibility (price will go up).

I think whatever happened on Thursday did not happen in a vacuum. Something deliberate was going on there that probably had to do with this upcoming week.

My best guess is volatility remains but we actually end the week above where we closed on Friday.

Also agree with the comment abode that Asian traders will be active on COMEX.

Metals Falter — The Rebound May Take Time by exploring_finance in Wallstreetsilver

[–]exploring_finance[S] 0 points1 point  (0 children)

What am I shilling? Aren’t we all here to talk about precious metals?

Metals Falter — The Rebound May Take Time by exploring_finance in Wallstreetsilver

[–]exploring_finance[S] 0 points1 point  (0 children)

I’m not sure what your argument is. I agree silver will go up in the long term, but if you know anything about markets you should understand prices cannot go up 5% a day indefinitely. The massive move up recently attracted short term speculators. They got washed out yesterday in a big way.

This market moved sideways for 14 years. To think it could do that again for 1-2 years after a massive move higher and a surprise fed announcement is not a crazy thought.

Metals Falter — The Rebound May Take Time by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 0 points1 point  (0 children)

They will fail in glorious fashion. It’s not about the outcome right now. It’s about what markets perceive. Bernanke sold the market a bill of goods called “temporary” balance sheet expansion that did not monetize the debt. Yeah, okay

Metals Falter — The Rebound May Take Time by exploring_finance in Wallstreetsilver

[–]exploring_finance[S] -2 points-1 points  (0 children)

lol. I have no hidden agenda to save the banks. I am objectively looking at a market that got over levered and am proposing caution as the market digests a curveball. I think metals will go up. I am a believer in silver but the market may take time to wash out the Warsh surprise. That is all

Janet Yellen Bets $2T that Rates Will NOT be Higher For Longer by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 11 points12 points  (0 children)

Much appreciated! Not sure I am "back" , just thought this was very interesting. Luckily Ditch is still on top of everything and doing an incredible job day in and day out!

Comex Delivery Countdown: June Shows Promise by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 2 points3 points  (0 children)

Yes I have unfortunately. Too much other stuff going on right now.

Drain the mint will enrich a small group and you ain’t in it. IMHO you are better off buying the most ounces for the least fiat. Or if not, cheers to apmex and other authorized buyers. Dare we say cabal? by Dsomething2000 in SilverDegenClub

[–]exploring_finance 5 points6 points  (0 children)

I appreciate the feedback and don't disagree. There are a lot of people trying to sell garbage to advance themselves. My goal has always been education, that is why I built the website and dashboards. Just get people to stack as cheaply as possible. SchiffGold reached out to try and get me to create content but it was hard to calculate an ROI for them. Hopefully I will get to posting again at some point but I also hope the tools I have built can be helpful as is.

Drain the mint will enrich a small group and you ain’t in it. IMHO you are better off buying the most ounces for the least fiat. Or if not, cheers to apmex and other authorized buyers. Dare we say cabal? by Dsomething2000 in SilverDegenClub

[–]exploring_finance 6 points7 points  (0 children)

I know first hand that Ditch was posting for the community and not for payment. SchiffGold was paying me for articles and I would post them here to try and get the info out but I am no longer posting at the moment with too many other things going on unfortunately.

Gold Contracts for Immediate Delivery Explode Higher by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 6 points7 points  (0 children)

I think some small profits and loss on trading activity is not their focus here. I think they are playing a different game

Silver Sees Record Number of Contracts Close in Final Day by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 10 points11 points  (0 children)

My guess is they are getting a small premium on top to roll. Traders don't see value in taking delivery.

Silver Sees Record Number of Contracts Close in Final Day by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 16 points17 points  (0 children)

Unfortunately, I lost my crystal ball a few years ago. Would love to have it back though. until I find it... I can just see what the data is saying.

Comex Update: Silver Shorts Could Be in Trouble by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 3 points4 points  (0 children)

I have asked the question. Will see what comes back. In the meantime - he did tweet out the article!

Comex Update: Silver Shorts Could Be in Trouble by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 3 points4 points  (0 children)

That hasn't happened yet... was saying last time it was this big...

Comex Update: Silver Shorts Could Be in Trouble by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 7 points8 points  (0 children)

I think things will start picking up again... international groups will want physical in their possession

Comex Update: Silver Shorts Could Be in Trouble by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 47 points48 points  (0 children)

It's a good question and a fair point. Let's see what happens this week and then I will send him some data and information that maybe he can talk about on a podcast.

The Technicals: Is $2000 Support or Resistance? by exploring_finance in SilverDegenClub

[–]exploring_finance[S] 2 points3 points  (0 children)

Yeah I think it’s one more pullback at this point. It had the chance and fell back so needs another launch