If it’s all manipulated, there is no price discovery, it’s all fake and has no bearing on reality as you’ve been saying for years - then why even bother with charts, graphs and support & resistance levels?
I agree, and always have agreed for the past 13 years or more, with your macro analysis about silver price action, to the effect that it is a relatively small "commodity" market that is not affected by trading the physical metal, and that the whales (like JP Morgan) have historically derived more profit in naked short paper trades that keep the price lower than would be otherwise in a free market where there is true price discovery.
As with any precious metal, the way you should look at it is, you are buying it as an insurance against inflation. But, with all the accumulated debt worldwide, history shows that when the system finally buckles, as it always does, precious metals soar to dizzying heights. Simple math, really.
Yup... I don't know what else to do with my cash, but I know I don't want to hold it AS cash... so I put a large portion into metals as insurance and if the whole thing collapses, I've got it IN MY HANDS!
At traders choice, you have to tap open tab below (not the one for ad), then you’ll get drop down that says home. That takes you to reference. Took me a few tries as well
I am not seeing it, Greg, all I see is DXY and s&p500. I apologize if the error is on my end, I am only able to look at it on my cell phone which might be limiting my view. Thank you
The major support level that it violated this morning was the 200 DMA at around 5710. It went so far below 5710 that it blew me out of my trade even though it turned out that my trade would've been safe. The GSPC is up at this time, and I expect it to turn in an up day at the close. The VIX rule predicts that either today or Monday will be an up day, and at this time, it's looking like today's the day.
It looks like I'm going to be ahead for the day. I entered new trades after losing on my earlier one. If the market stays within reason through today's close, I'll be okay.
Hi Greg, I clicked the link, it took me to your MMRI page, but I did not see anything related to Silver (other than the current sport price along with Gold and BitCoin. (??)
The best way to play this is to purchase a large quantity of American 1-ounce coins and place them in a very secure place and then forget about them! Same with gold!
If it’s all manipulated, there is no price discovery, it’s all fake and has no bearing on reality as you’ve been saying for years - then why even bother with charts, graphs and support & resistance levels?
You are free to look at it or not. Some people may find this helpful... obviously you do not. All good.
I don't see any green text...except in the charts. I like having the current spot price on the site.
Try refreshing the page.
Greg,
Please look at my question posted at 9:53 your reply would be appreciated. Thank you
Firefox would not show it for me. Edge worked.
I agree, and always have agreed for the past 13 years or more, with your macro analysis about silver price action, to the effect that it is a relatively small "commodity" market that is not affected by trading the physical metal, and that the whales (like JP Morgan) have historically derived more profit in naked short paper trades that keep the price lower than would be otherwise in a free market where there is true price discovery.
100%
As with any precious metal, the way you should look at it is, you are buying it as an insurance against inflation. But, with all the accumulated debt worldwide, history shows that when the system finally buckles, as it always does, precious metals soar to dizzying heights. Simple math, really.
Yup... I don't know what else to do with my cash, but I know I don't want to hold it AS cash... so I put a large portion into metals as insurance and if the whole thing collapses, I've got it IN MY HANDS!
Websites too hard to follow with all the ads. Hard to tell what is yours and what’s an ad sometimes especially on a phone
At traders choice, you have to tap open tab below (not the one for ad), then you’ll get drop down that says home. That takes you to reference. Took me a few tries as well
If you can, I would use a desktop you’re able to find things a lot easier than on the mobile.
True
I am not seeing it, Greg, all I see is DXY and s&p500. I apologize if the error is on my end, I am only able to look at it on my cell phone which might be limiting my view. Thank you
Should be there, refresh the page.
If finally did show up, just today. Thanks Greg
It is true that the website is pretty busy with ads, BUT, remember you're getting everything for free. Can't really beat a deal like that!!!
GSPC failed to hold key support levels. Currently training at 5,766.52
The major support level that it violated this morning was the 200 DMA at around 5710. It went so far below 5710 that it blew me out of my trade even though it turned out that my trade would've been safe. The GSPC is up at this time, and I expect it to turn in an up day at the close. The VIX rule predicts that either today or Monday will be an up day, and at this time, it's looking like today's the day.
I appreciate that Jay Blue. Good call. I am sorry to hear you lost your position below 5710. It's definitely marked up from 5710.
It looks like I'm going to be ahead for the day. I entered new trades after losing on my earlier one. If the market stays within reason through today's close, I'll be okay.
Thats great news! It looks like beat the market today.. That's a great day!
Thanks. Yes, any day you come out ahead is a great day!
You're welcome Jay. Absolutely! Have a great weekend!
Interesting, good info, thanks again as always for the hard work!
Yeah I can't find the breakdown either. Only the SPY breakdown.
I’m not even seeing the SPY one.
I'll need to try on desktop, maybe it's a mobile browser issue
Hi Greg, I clicked the link, it took me to your MMRI page, but I did not see anything related to Silver (other than the current sport price along with Gold and BitCoin. (??)
Scroll down
Greg, thanks for reading and replying. I did as you recommended (SCROLL DOWN)
at this link https://traderschoice.net/about-traders-choice/
I do not see any reference to silver pricing. ??
Does tech analysis and Bollanger bands actually work in a manipulated market (s)?
Is SLV an accurate indicator when the supposed AG supply it holds can be paper shorted to control price?
Resistance and support levels look to be a couple dollars low. If current price is over $32 why is $31 resistance?
1k silver 100k gold 3k BTC now to save USA
Greg, Resistance cant be 30 -31 as silver is above that. Do you see 34.80 as the next level of resistance? Please reply.
Thanks
I'd love to see spot back at $27-28... I'd back up the dang truck!!
Bix Weir/Road to Roota is good to follow regarding silver…..
The best way to play this is to purchase a large quantity of American 1-ounce coins and place them in a very secure place and then forget about them! Same with gold!