52 Comments
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W8878788766565's avatar

King Dollar is slicing the heads off of gold and silver miners one by one.

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President-Elect Zio's avatar

Am Dow long @ 35500

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W8878788766565's avatar

same here

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President-Elect Zio's avatar

^^^ Stable Genius

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W8878788766565's avatar

Also bought some sbux this morning. That place is crazy full ALL the time

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President-Elect Zio's avatar

unfortunately am very busy with "shithole exit" and working so im just a hobby trader at the moment.

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W8878788766565's avatar

Stopped out at $1 gain lol I am reading FED and looks hawkish on paper.

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President-Elect Zio's avatar

under "normal" circumstances now small downmove incoming. than rocket.

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W8878788766565's avatar

Will wait few hours to see the direction

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President-Elect Zio's avatar

The Gambler

https://www.youtube.com/watch?v=7hx4gdlfamo

>>> We learned reading your face @ FED.

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Kenneth Brooks's avatar

I Blow Pony’s ( love it )

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President-Elect Zio's avatar

This Popo Plony Guy disqualifies himself with his email. Not worth a minute of our lifetime. I know because I watched a part of one of his 2016-videos. In german words: He's a Luftpumpe.

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trumpHELL666's avatar

He's also a Dumbkopf

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BCM2546's avatar

Silver On Sale: Silver-Gold Ratio Back Above 80-1

teaser image

In simple terms, historically, silver is extremely underpriced compared to gold. At some point, you should expect that gap to close...

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W8878788766565's avatar

That point could be in one month or in next 50 years. Who knows. I am waiting for that capitulation day when even Peter Schiff, Rick Rule and Jim Rogers go quiet and masses sell on huge volume. And then it begins to rebound.

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BCM2546's avatar

You are most likely correct

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W8878788766565's avatar

Crash in miners are indicating that the gold should take a dump soon unless FED comes out with extremely dovish statement. SILJ has broken all support and silver bugs are laughing as usual..

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trumpHELL666's avatar

Hahahahahahahahahaa! THAT was the comment I was looking for, but didn't see until now! Them jokers must have deep pockets if they keep buying for 40 years+ as silver keeps dipping.

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W8878788766565's avatar

SILJ has already jumped into the abyss now but Woodoo chart of gold silver is painted by the MM and is useless I won't short

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trumpHELL666's avatar

Peter Schiff is WRONG! Hahahahahaaa!

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W8878788766565's avatar

They make money by selling gold and pocketing the commission. Then they buy apple , google, facebook.

To the suckers they say : Yes it will go up. Buy more. It's a buying opportunity

They never sell because there is never a selling opportunity. Only buying opportunities ...a lot of buying opportunities. Schiff comes to mind. Always bashing King dollar and causing enormous losses to the masses.

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trumpHELL666's avatar

Economic freefall? If we are in an economic freefall, then I CAN'T WAIT until THE REAL waterfall begins. I'm short ALL my cryptocurrencies and letting price drop as she wills. I am LAUGHING as price DROPS further and further. YES markets, PLEASE drop some more and make me RICHER and RICHER! Eeeeeeeeeeeeheheheheheheheheeeeee! 😈

ADA Daily Chart: PLEASE keep dropping. You are halfway to my TP. Eeeheheheheeee! 🤑 🤑

https://docs.google.com/document/d/1tRfIqMhQI8AqJi4yZwM_KmksgWHLouHWNTsihxQsieY/edit?usp=sharing

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W8878788766565's avatar

Economy will remain in free fall forever. It has been in free fall for ages. Some call it free fall and some call it flying.

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trumpHELL666's avatar

Yep buddy, I guess you're right. lol

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split's avatar

I'm not sure why this letter is worth even mentioning? I have never heard of this guy

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William Stephen Blackwell's avatar

WOW, Silver spot price dropped again this morning to $21.72 and Gold spot price dropped to $1,772 per ounce, so compliment your Gold & Silver stack with some Rare Collectable Coins that DO NOT lose value when spot prices go down, and the price stays the same and only goes up over time. Take for example an 1882 O Morgan Silver Dollar has 90% silver has $19 worth of extrinsic value this morning for its Silver content, but the coin has $80 worth of intrinsic value and worth $100 each because of its COLLECTORS VALUE, and look at a 1884 S Morgan Silver Dollar has $19 worth of extrinsic value but has an intrinsic value of $8,980 and worth $4000 per coin!!!

That is why you should hold some Rare Collectable Coins in your portfolio!!!

Check out some of the coins I have for sale in my online coin store!!!

W. S. BLACKWELL RARE COLLECTABLE COIN STORE.

www.usacoinbook.com/members/wsblackwell/

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W8878788766565's avatar

People never learn. Look at miners. Down 60 70 80 % King dollar is slicing their throats.

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William Stephen Blackwell's avatar

WaveRider I opened a core stock positions that pays a nice dividend in NEM when it was down a few months ago and now its up slightly and I just received a dividend for owning the stock. I also opened a core stock position in AG now its dirt cheap and it pays a very small dividend but will explode moving into the silver demand from the EV space. Buy when everyone else is selling, and sell when everyone else is buying!!!

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W8878788766565's avatar

Ag is the worst of the worst. I don't trust that CEO. IMO all these miners CEO work with wall street to fleece their shareholders.

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W8878788766565's avatar

> but will explode moving into the silver demand from the EV space

I never buy based on gut feelings like this. Will see when that materializes. NEM i do like because of 4% dividend we can also sell calls to make even more

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Mark Gellermann's avatar

I think you're seeing the issues with the market under universal so logical law. It's like a

see saw, so people go buying early for Thanksgiving, Holiday so travelling as well so using

gas, motels, hotels, etc. gifts "but" then they have so much disposable income so they pull

back which results in legitimate and documented pull backs in markets and people then forget

about the Fed and all it's power but more so that actual market fundamentals "do" matter

like income/ what a company earns or a person and outgo- what a person or company spends

equals future kinetic purchasing and investments or already used reserves use and energy so

stagnation or possible down turn in market or markets. So, the Fed pumps up the markets

with bond purchases and pumping cheap money and all the people/investors in the market

love it because anytime there is easy money it's a no brainer when it comes to investing as

the money chases the highest return rather than low or no return in other investments. This

then pumps up the value so volume in the market making people in the market profits inclusive

of big pension institutional buyers. "But" when the Fed has to reel back the same junky bag

of "tricks" then everyone bitches and moans that they have lost their bag of goodies that make

them fat and happy yet they rail about the Fed as being controlling the markets. This holds

true for any market, so you have some big playas and they dump millions and millions of dollars

into Bitcoin thereby raising the value of Bitcoin or any crypto, then they sell it off before the

other people walking into the Bitcoin door have a chance to smell this betrayal. Con Artists

are everywhere but in this market condition there really is no legitimate investment anymore

unless you just follow the massive dollar investments of some large fund or funds and keep

betting on what they are placing their bets on and when they sell away betting against those

old market positions. So, maybe even a "faint into tightening by the Fed" might change

people's investing habits to the Wild West investment mentality of speculative bubbles

so gambling into long term investing as well as saving for "everyone". Maybe a 1 point

increase in overnight across all international banks and holding that so that we can finally

break the "zero increase or negative rate bias" we are now experiencing. Negative rates

are mostly like being in a zombie wrap in a Zombie Tomb never to come out again. That's

not really good for anyone really.

My bet though is if the economy starts declining per consumer discretionary dollars and curb

on purchases, the Fed may not be able to pull back any time soon because inciting any

substantial decline in an already debilitated international and domestic economy may be

a "Bridge to Far" for the Fed. However, in the long term scheme of the economic and financial

infrastructure of the US and Internationally we just may have to experience some pain in terms

of a slow down to bring some type of normalcy back to the full structure of the markets and

economic conditions. It's like the second day after a junky quits his drug de jour and then

has to go through withdrawal same type of situation. So, globally you will probably see

declines and further supply chain problems and issues while at the same time the Fed is

contending with the possibility of more covid or moron as Gregg calls it and other head

winds as well as the impending change over from fossil fuels to a more mixed energy

use basis across the board. I say this after reading that many Middle East nations now

pushing into with investment in hydrogen production facilities so hydrogen fuel based

cars and trucks etc. Even they see the end of this era so they are quite concerned to be

on the cutting edge of these technologies. In my own mind, World is going to get a whole

lot dicier than normalcy biased until a new normal arrives across the board

As far as markets, someone is goosing Ely Lilly so maybe someone knows of some new

"wonder drug" or drugs Lilly will be pushing out soon whether covid related or otherwise.

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Ray King's avatar

Sounds like one of them Scottsdale trolls..

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RJ Macreedy's avatar

You Rock Mannarino!

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