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could this not make another run to 27 area before going back dows?
UnknownUnicorn9421520
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@peterbarouki, It sure might, I have NFI
- the big banks could get assigned huge futures contracts
- the banks might do a short squeeze and manipulate the market like they have done in the past and just pay the fine when they get caught
- the Fed Mint might start stockpiling (restrict distribution) like they did from March 2020
Or
- They might start dumping their physical reserves
- They might start profit taking
I really have NFI, I hold no bias either way as I just prefer Technical Analysis to Fundamental Analysis
pb100
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@TrashPandaMedia, do you think now is a good chance to buy?
UnknownUnicorn9421520
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@peterbarouki, The analysis I did was for a “short”, however I rally have NFI, commodities are highly speculative.
dreamn_may
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Still waiting the best price to go short.
UnknownUnicorn9421520
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@dreamn_may, it could also just be a consolation and go to the moon