Long term buy signal. Im am long silver and associated mining shares especially juniors.
For those of you that do not have your head collectively buried in the "crypto sandbox" i am going to be posting some of my favorite mining stock picks in what i believe will be the best market to profit from going forward as we enter the second phase of the precious metals bull market. Yes, thats right. 2000-2011 was just a teaser folks. We are at the end of a 10...
The GSR is ready to breakdown from extremely overbought levels. We have a nice pinbar on a flag below a larger corrective pattern right now at historical highs. We also had wide ranging up bars on friday on many metals stocks. This could mean a rocket ride for precious metals especially silver and silver mining shares. What happens next depends on the FED meeting...
LTC has finally reached my support level of 70 dollars. I recommend buying here for short OR long term but be aware the downtrend is gathering steam on all cryptos and this may turn into a full fledged downtrend. I am buying for a short bounce here so my stop level is just below here so i can sleep at night. If we have a stop run selloff i will rebuy a cross back...
My view. I am looking for a pullback right now in BTC because the other majors are showing a divergence in trend. LTC, ETH XMR etc. BTC has entered a resistance zone and the risk to reward is very bad right now to go long. Look to buy lower for long term holding. 5000 is a good level. Here is the text from the chart: Potential Scenarios: 1. A huge gap over...
MAG Silver is one of my favorite stocks and one i have a large chunk of my portfolio in. I recently added at the pullback zone near 12 bucks. I've followed their story for years. MAG has been working on the infrastructure for a giant silver mine in mexico for about 10 years now. The pictures of the underground tunnels ( over 20 kms!) built are quite amazing on...
If you are bullish on silver as i am then FR is a must have security in your portfolio. FR has the most exposure to silver of any company... meaning when silver moves, this stock moves 2x 3x 4x etc depending on how bullish the scenario is. I also really admkire the CEO of this company Keith Neumeyer as a straight shooter that tells it like it is in his interviews...
Canadians should buy gold. One thing for sure is Dustin True-Dough will continue to destroy the canadian economy with his "carbon tax" until the canadian economy is a shell of it's former self. Welcome to socialism! While most enjoy their own destruction, the only hope the canadian people have is aquiring gold at it's cheap current price. Unfortunatley less than...
We have a perfect bounce off the breakout level of GOLD/BTC (bullish ascending triangle). Perfect contrarian psychology as well as everyone is focused on the BTC rally as it hits major resistance the same time the world is bearish on gold as it hits major support. As typical the crowd is always chasing the wrong asset at exactly the wrong time. BTC is about to get...
The daily chart shows that there is a big FIB number at 97 that stopped this trend dead in it's tracks. LTC has broken out of both it's longterm downtrend channel plus it's current uptrend channel. We are currently sitting on top of the uptrend channel line and could see a significant bounce from here but beware we are making bear flag patterns as shown on the...
I will be buying the breakout of .0008298 USDT
We are ready to break higher on ETH. Sell at 180.
Ill make this simple. If ETH closes a 4 hr bar above 163 then buy.
I love Bitcoin! Not for the gains or losses but for the endless curveballs this market throws us every single day. Bitcoin has turned from a get rich quick scheme into the master of illusions. A mix between a carnival barker and that ex girlfriend you dont want to run into. This thing keeps the best traders second guessing themselves as i think the consensus is...
Palladium selloff presents a buying opportunity. Either 1406 or the lower 1380 area are my buy areas.