TVC:DXY   U.S. Dollar Index
10.18.21 Silver DXY I had a hard time doing this video because we live in dangerous times, and it's easy to feel that you can't really talk freely without incrimination. We are experiencing a very dangerous time in history In a divisive world with all the things that we hear about. I would think that the dollar should be going lower even though it hasn't closed some important gaps which are little bit higher than the current price, and gold and silver should be going lower. If the metals go lower the correction could be significant because there's not a lot of support for those markets until a significantly lower price. When I started the video, I wasn't really sure how I could get to the more sensitive topics which should be of concern, so I started reviewing various time frames and how I perceived the relationship between buyers and sellers, and smart money and fast money. This led to the potential for $10,000 move in silver. It looks to me like it is possible for the dollar to move higher when all the news is so bearish for the dollar, and is bullish for gold and silver which should be trading higher... but not like this. Now, I want you to know that a market doesn't move higher aggressively doesn't mean that this market is a bearish market. I've cautioned about this many times as relates to daytrading. Since I haven't recently acquired physical metals, I can only go by hearsay that the premium is very high on those metals and that there is a great deal of demand. I only know this from my reading or my listening to public information, not from any transactions that I have been making. The golden role is that you must verify information before acting on it. I would be very careful, and exercise caution in my trading at this period of time.
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