Both SLV and GLD appear on the verge of a big move.. still waiting for a trigger alert. I would assume that a trigger will occur next week and when one occurs, you will get a TradeAlert! Just a heads up.
Greg, I bow to your trading expertise. I look for 3-day to 25 day trends in gold, silver and mining. This is what I have as of Saturday April 4. After the previous week's shocking, massive COT contracts, April has been spooky quite. Silver contracts Friday was below the grass. There have been no correlation between currencies vs. PM prices. The HUI Friday, again was down 0.32% despite gold rising. (HUI - Gold Bugs index). I was all cash until Monday, my selected gold stocks are up about 5% for this week. I was very lightly in on a Silver mine PAAS Monday at close, then exit all Silver Mines Thursday morning. Over 15 years, Thursday as London closes is the highest statistical time for Silver to drop dramatically. As a big fan of Ted COT. It is his opinion that JPM got out from under their approx $7BN gold COMEX short contract position - they are out of gold.
A different chart subscription put me on notice that Gold, Silver may explode to upside. Final calculations will be received this Sunday. Now Greg pus us on notice.
Mining Stocks World-wide: Official Story - shut down due to virus! Courts allowed them out of their COMEX related physical metal delivery. There is no gold, silver at coin shops or mints. The Mines have cut off flow to corrupt banks. Despite US / Canada Military closing the border (virus reason again), 600,000 oz (1 truck load) after truckload, some days 2 truck loads move physical silver from US to Canada's Scotibank!
Weekly Totals for All Known Transparant Gold Holding moved from 65 M oz in 2016 to 117 M oz this week. In silver 860 M oz in 2016 to 1176.2 M oz this week. Question: Does LBMA even have 2% of the gold to fulfill its obligations? COT Silver futures Open Interest fell from 240 to a staggering 140 this week! (Gasp!). In Gold, JPM appears to have engineered something to throw the rest of the banks under the wheels. With mentioned silver mines off-line - the Days of Mining World Production to cover Silver Short Contracts may have jumped from 150 to 400? To give you an idea, Coffee is 40 days, Sugar is 30 days, Crude oil is 5 days...
There is Residential Beach Property in Southern California. But, there isn't enough to go around. Now, we see the same for gold, silver.
I was an engineer during the Cold War - we use to study Soviet sayings. Is this the line where there are No Shoes? No comrade, this is the line where there are no Potatoes.
Now in the US: Is this the line where there is no virus testing? No citizen, this is the line where there is no silver.
Sorry for a long- info dump. I study these charts and information 3 hours a day, 6 days a week. On the 7th day, the wife puts me in charge of the vacuum cleaner.
Greg, I bow to your trading expertise. I look for 3-day to 25 day trends in gold, silver and mining. This is what I have as of Saturday April 4. After the previous week's shocking, massive COT contracts, April has been spooky quite. Silver contracts Friday was below the grass. There have been no correlation between currencies vs. PM prices. The HUI Friday, again was down 0.32% despite gold rising. (HUI - Gold Bugs index). I was all cash until Monday, my selected gold stocks are up about 5% for this week. I was very lightly in on a Silver mine PAAS Monday at close, then exit all Silver Mines Thursday morning. Over 15 years, Thursday as London closes is the highest statistical time for Silver to drop dramatically. As a big fan of Ted COT. It is his opinion that JPM got out from under their approx $7BN gold COMEX short contract position - they are out of gold.
A different chart subscription put me on notice that Gold, Silver may explode to upside. Final calculations will be received this Sunday. Now Greg pus us on notice.
Mining Stocks World-wide: Official Story - shut down due to virus! Courts allowed them out of their COMEX related physical metal delivery. There is no gold, silver at coin shops or mints. The Mines have cut off flow to corrupt banks. Despite US / Canada Military closing the border (virus reason again), 600,000 oz (1 truck load) after truckload, some days 2 truck loads move physical silver from US to Canada's Scotibank!
Weekly Totals for All Known Transparant Gold Holding moved from 65 M oz in 2016 to 117 M oz this week. In silver 860 M oz in 2016 to 1176.2 M oz this week. Question: Does LBMA even have 2% of the gold to fulfill its obligations? COT Silver futures Open Interest fell from 240 to a staggering 140 this week! (Gasp!). In Gold, JPM appears to have engineered something to throw the rest of the banks under the wheels. With mentioned silver mines off-line - the Days of Mining World Production to cover Silver Short Contracts may have jumped from 150 to 400? To give you an idea, Coffee is 40 days, Sugar is 30 days, Crude oil is 5 days...
There is Residential Beach Property in Southern California. But, there isn't enough to go around. Now, we see the same for gold, silver.
I was an engineer during the Cold War - we use to study Soviet sayings. Is this the line where there are No Shoes? No comrade, this is the line where there are no Potatoes.
Now in the US: Is this the line where there is no virus testing? No citizen, this is the line where there is no silver.
Sorry for a long- info dump. I study these charts and information 3 hours a day, 6 days a week. On the 7th day, the wife puts me in charge of the vacuum cleaner.
ThanQ you Greg! I saw u on ITM video. Way to keep it real! We appreciate you!