TVC:SILVER   CFDs on Silver (US$ / OZ)
Starting a new thread on silver (as well as gold ) to follow the movements in this market. Feel free to follow along and post comments / opinions if you like.
FYI ... im super bullish and long this market.
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Massive two year bull flag in Silver almost complete.
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Looking good ! Still looking for at least 20.45 to put a the bottom here.
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Buy < 20.46
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Enjoy the sale borthers... it's that time again... you know what im talking bout.... MONSTER BOX !
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If you want to learn about silver and gold , the history, the manipulation and the potential may i suggest wallstreetsilver reddit group... dont get me wrong reddit is ASSHO... ran by a bunch of commies on the payroll of big pharma , equivalent to the communiist shitshow that is twitter... and i hope they die away into oblivion... but for now this is one of the only places for silver bugs to congregate so i take it for what its worth... nice pics of the shiny and a great bunch of folks there.
www.reddit.com/r/Wallstreetsilver/
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sorry assholes... ya aint takin my silver !
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Silver/ETH ...sorry crypto bros, its over you're on the wrong side !
www.youtube.com/watch?v=q4iDurCE...
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This support level goes all the way back to 1980 ! This is an iron clad buy level right here. Dont be chicken shit... walk right into that fire and BUY... no fear ! This aint no crypto kiddies game guys ... this is what seperates the men from the boys.
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Beatdown ! max pain for hodlers, we down but not out folks. Silver/Gold ratio at yearly support right now ! Will it hold ? We'll see. Either way looks like the silver sale of the year right now.
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We plowed through the major support level of 21 to finish the 5th wave with a capitulation moment into the fresh demand area between 17.50 and 19 dollars. This is an area that was never tested and should provide excellent support and hopefully start a new upward move . BUT ... make no mistake , im sure this is an ESF/FED orchestrated smackdown... precious metals had recently not only turned up against Bitcoin with a confirmed W4 break but also turned up against the dow, s&p , natural gas, and most recently copper... and is now looking decent even against oil... in fact gold and silver were the only markets besides energy not getting killed recently... and they definitely dont want it getting away. This battle has been waging for decades, and i feel it's in the last inning now, just look at gold in OTHER currencies... there is a global flight into the metals. Will they try to hammer it down below 17.50 ? Maybe but it's going to cost them dearly as this level has gigantic support ! Biden better fire up those printing presses if they want to kill gold and silver. Good luck with that !
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Silver is now retesting the W4 breakout against BTC (trend change confirmation). I would ditch BTC and buy silver right here or on the wave C of this correction.
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Here is an interesting perspective. A little composite security i created.
(FX_IDC:XAGWCU*OANDA:XAUXAG+FX_IDC:XAUWCU)/2
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Silver is about to cook ETH.
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Think Silver's bad ? If you would have shorted the shit show that is crypto miners a while back like i did, you wouldn't care that much about silver ! Silver looks fan-freaking-tastic compared to this garbage "industry without a future"... PT Barnum was right !
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this washout into long term support is one of the best buying opportunities for silver in a long time
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Buy when there's blood in the streets , sentiment in metals are at an all time low right now. I have many long term gold bug friends who are literally ready to give up now and right at major support... those in control of these markets know how to break your will to get you to sell to them. This is a game for all the marbles and IM NOT SELLING.
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yep
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If you are looking for a well diversified metals portfolio while only holding a few positions and save bigtime on commissions may i suggest the following (canadian)
XGD
ZGD
ZJG
SII
HGU
HZU
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It's not the silver price that matters as much as the SILVER/BTC SILVER/DJI SILVER/COPPER SILVER/OIL ratio prices... in this environment the name of the game is not who makes the most but who loses the least !
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