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SLV

HEX is smashing it up versus SILVER, I think the trend continuesCRYPTOCURRENCIES ENJOY NETWORK EFFECT OPERATE 24/7 365 SLV CAN ONLY BE TRADED 32.5 HOURS A WEEK. VERSUS 168 HOURS WHEN IS THE LAST TIME YOU VISITED YOUR FAVOURITE RARE COIN DEALER. YOU CAN'T EVEN BUY GOLD AND SILVER IN MY TOWN, LET ALONE TRANSACT IN IT. EVERYONE CARRIES A SMARTPHONE... HOW CAN THESE TRADITIONAL STORES OF VALUE ITEMS COMPETE WITH CRYPTOCURRENCIES. SHORT ANSWER THEY SIMPLY CAN NOT! HEX YIELDS 37% APY IF LOCKED IN A CONTRACT FOR A 5.6 YEARS THIS RATE AND AND AVERAGE STAKER LENGTH, DYNAMICALLY CHANGES ALONG WITH THE BEHAVIOUR OF THE USERS.
HLong
by BallaJi
3
Goldaholics Anonymous Pour yourself a glass of Goldschläger and let's review the 12 steps before diving into this. 1. We admitted that we were powerless over the Fed -- that our balance sheet had become unmanageable. 2. Came to believe that a Power greater than our central bank could restore us to solvency. 3. Made a decision to turn our fiat over to the care of sound money, as we understood it. 4. Made a searching and fearless inventory of our finances. 5. Admitted to Peter Schiff, Lyn Alden, and Pomp the exact nature of our wrongs. 6. Were entirely ready to have big, fat Gains. 7. Humbly asked to avoid getting short squeezed. 8. Made a list of all the naysayers about to be harmed. 9. Sent direct messages to them to gloat in victory. 10. Continued to count our gains and polish our bullion. 11. Sought through fundamental and technical analysis to improve our entries and exits. 12. Having had a financial awakening as the result of these steps, we tried to carry this message to other goldaholics, and practice these principles in all of our trades. Macro Fibonacci Below we can see the magic of Fibonacci extensions, measuring the last macro bull run to the 2016 low. Zooming in a bit, it is clear that these levels attract attention. Each one of these fibs acts as a step in the staircase. All we need to do is look at volume and price action to validate each level. The smart money had their sell orders at the 0.618 Fibonacci extension. The 0.5 could not hold which indicates that the next level down will be tested. Watch for heavy volume to come in there near the 0.382 level. In the U.S. stock market and many other developed financial markets, about 70-80 percent of overall trading volume is generated through algorithmic trading. Historical Price Action Looking back to the last bull run there are a few simple patterns to watch for... 1. Weekly MACD flailing around above the zero level. 2. Mark the down trends and wait for the break. 3. Price action is above the 20 Week EMA. Trading Setup Using historical price action the trading setup becomes clear... 1. Weekly MACD is flailing above the zero level. 2. The down trend line is clear. Wait for the break. 3. Wait for 20 Week EMA support. Now, the targets are the Fibonacci levels above, and the ghost bars look reasonable, however, it would be wise to take a look at what exactly is driving Gold on this path. The U.S. Dollar The Dollar index inversely pressures Gold prices so this is worth noting. 1. Momentum is shifting bullish as a bullish MACD divergence reveals itself on the daily chart. 2. This recent move was the 3rd wave down which often precedes a reversal. 3. The index is at the bottom of this future channel. As this index recovers back towards the 200 Week EMA, it will surely scare the metals market. However, the macro downtrend is only on it's first wave down. From a technical standpoint, the second wave is often the deepest as panic sets in from the failed recovery. Treasury Yields Yields recently had a similar bullish MACD divergence with a very weak recovery that followed. The trend is still clear and it's highly likely to roll over as it timidly approaches the trendline in the coming months. Gold has been riding along side Bonds so this should continue to drive up prices. Depending on the severity of falling yields, it could trigger temporary crashes in the metals. But longer term, buying the dips is the way to go. Trading is risky. Don't do it. Long Bullion: Gold, Silver, Platinum Equities: GDX, PHYS, CEF, SLV, RIO, SPPP Futures: (Not yet)
TVC:GOLDLong
by trade-God
4
Predicting the future of Silver (COMEX)Back in 2008 I began trading Silver from the bottom to around $40. I knew it was time to bail because every person I knew was talking about Silver and Gold. I like to call this my "People Index". At the time I had no idea why that was the correct move but I just knew it. After cashing out, I realized it was time to figure out the "Why". Come to find out Silver is one of the most manipulated markets on the planet and for good measure... Oddly enough around 2011 when Silver decided to do it's thing and was pushed oh so heavily by the news media, a new comer arrived. Bitcoin. I dabbled with it then up until today but one thing that always struck me was that the timing was too perfect and today you can find more than enough evidence that Bitcoin was created by a government agency... Now ask yourself. Why would a government create Bitcoin? Well, given the printing, which is to pump bitcoin and stocks at once along with the inflation of bitcoin. The ultimate goal is $1M USD per bitcoin. Why ? The market cap will have reached a point to allow it to become stable. The next step is with SDR's but I won't go there. In short. All of this means Silver will rise, but at a slow rate, worst case a stair step, depending on stimulus and JP Morgan's long position. Silver will move to the upside in the next 3 months to $48 where it will stay for the foreseeable future. How do I know? Well. I can predict the future. Best of luck, stay clear of option contracts unless you like to get burned on IV, & Theta for the next 15 or so days. This is not investment advice. I just like Silver.
COMEX:SI1!Long
by UnknownUnicorn8584410
2
Im not a prophet but Ive traded Gold & Silver for over 15 yearsI am bidirectionally challenged most days but today I am not. I did buy massive amounts of puts a few weeks ago on SLV because the Comex is short, hedge funds are trying to offload all of their Gold and Silver, the Market is in a down turn, economic output is declining, Stimulus is drying up and rates are rising. Meanwhile "inflation" is really deflation out of control and it's going to take many more "stimmies" to save us. So, I still believe crypto is on an upward trajectory, although the market may pull it back slightly & in a few years I think we might have a roaring stock market again, but we have to cool off and as you all know before any major run up, we have to cool off first, this is that time period for Silver. Silver has been pushed so hard by the media it is a no brainer to go all in and short thing thing down to $16 minimum, why wouldn't you? The media shills what the hedges don't want. Easy tendies, right bro? Plus think about it, if JPow and the crew wanted this bad boy to go to the moon then they would strap it to the new rocket and shoot it to the stars but today they did just the opposite. This is purposeful and needs to be done from a technical standpoint. The market can't handle more stimmies and with bonds and rates going nuts, hell we may see the dollar shoot to 110. Wouldn't that be something. All eyes on the Yuan though... NOTE: Not investment advice. I just like Silver.
TVC:SILVERShort
by UnknownUnicorn8584410
27
BEAR TRAP - SILVER IS HEADING TO $41 AND QUICKLY $SLV $PSLV The big banks will not be able to hold the floodgates much longer. They will fold and cover their shorts. At least one of them will go bust. They will be investigated for racketeering, price-fixing, and corruption by the DOJ, SEC, FCA. Silver is going to $41 nobody can stop it. It is already for some of us for physical. The price of physical including any premiums gives a better indication of the true price of silver. Silver is still holding the 50 DMA. Even if that is lost I can't see the 200 being as people will be encouraged to buy even more. Those stimi checks are coming soon! Peace.
TVC:SILVERLong
by johnmknox
1
SILVER ON THE GLOBAL RISE - LONG Dear viewers, followers, silver lovers, reddit traders, all in one (we are together) Thank you for taking your time to read the information, that i am sharing with you all for free and backed by available research on internet. Firstly, i will take the credit of being the early retailer that get into SLV last year in april when prices were hovering around $14, you can go back on my tradingview profile to read that idea. I understand i will be questioned for this, but i simply am just using publicly available information, my countless hours of study and reading history to back up my idea on SILVER LONG. Here we go! Silver has been manipulated both ends, that being said Silver has been manipulated when it was "short" and as well when it was "long". But why? The answer to that made me dig deep in to silver history from 1980's to 2021. Silver is globally used in industrial sectors, recently in the last 10 years it became an important element in Automotive and Technology. Jewellery market consumption for silver is relevantly low as Gold is highly consumed in jewellery market, apart then that Gold just sit under a tight vault in banks. From 1994 (the year i was born), silver reserve metric (q) was around 420,000 MT, in which after 2 years it raised to 1,570,000 MT, a staggering rise in mining sector around mexico, peru, bolivia, china and the rest of total 59 countries that produces silver around the world. America has by far being the biggest importer for silver since 1990's ever since gold standards were lift off by President Nixon. During the early rise of computer and dot com boom, Silver met a giant rise in year 2000 to 1,860,000 MT and right after 2 years it dropped down to 430,000 MT. Since year 2002, Silver never went back up in reserve above 600,000 MT, which means the last time we ever had a lot of Silver available for consumption was year "2000". Fast forward today in 2021, Silver reserve has shrunk down to between 570,000 MT to the lowest 400,000 MT. (WHAT DOES THAT MEAN) take a guess! We have been running short on Silver since year 2004, price remained super cheap for Silver as low we saw $12 per oz in 2020 to the higher of $48 per oz in 2011 during Obama tenure. Why recently Reddit Community have been pulling strings on going Long on Silver? Because historically it doesn't make any sense for the 15-1 ratio btw SLV & GOLD. Meanwhile Gold remains all time high at $2075 in 2020 and Silver at $30 (2021) Why is SILVER CHEAP? when other commodities are expensive? Take a good guess? From technical point of view, we have seen strong price manipulation since 1st of february 2021 when reddit pumped in over $230 million of contracts and hit new highs, and right after that it was dumped in the same direction by big banks, it could be JP Morgan or Someone out there leasing silver to private institutions for dumping (aka short squeeze). I HATE THIS GREEDY MOVE but theres nothing we can do about it, they are scared that we are all notbaly understanding the undervalued precious metal. This will EXPOSE everything about everything! CURRENTLY ONLY 500,000 MILLION OF SILVER IN RESERVE IS AVAILABLE! (SUPPLY CHAIN) was over since 2004, but banks purposely kept the value for silver low (idk) for what BS reason. The law of supply/demand that was stamped by Buffet in early 90's, Buffet was super big on SLV but until he found timid pressure, he had to sell off his positions. BUFFET WAS BIG SINCE 90'S. "NUMBERS DON'T LIE" BUT THE BANKS CAN LIE There's so much i can share about Silver, but i guess for that we will have to keep the conversation private. Feel free to reach out to me, if you believe in Silver and it has been manipulated! SILVER LONG Entry: $25-$26 SL: $23.5-$24 TP1: $30 TP2: $32 TP3: TO THE MOON! ($100-$300) per oz TP4: WEALTH FORVER (IM SURE YOU KNOW WHAT I MEAN)
OANDA:XAGUSDLong
by kevinbilalfx
7