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Silver kicks off again... Print
Written by Site admin   
Friday, 24 January 2020 17:54

Don't panic, as

Silver kicks off...

 

Markets need a kick to get going every now and again. And it's not the threat of war this time.

Today, their panic radar's are flashing red with worldwide headlines are dominated by the Coronavirus death toll acceleration. 

This seems to be just the catalyst the precious metals, and the US dollar, have been waiting for.

When Gold & Silver take off, together with the dollar and a nervous stock market, it's serious.

Technically, Silver has been working through a classic 5-3 wave formation as the daily chart shows. Also, looking at Candle price action this week, Tuesday's bearish engulfing suggested much lower levels. It didn't follow through.

By late Thursday the four hour chart hit a low, and then a high, above the previous candle. A strongly bullish sign that confirmed an up move, once price had pushed through the red line.

IF it can now move above the Tuesday high, which is the next hurdle to cross, a major up wave could well be underway.

 
Silver follows the rules.... Print
Written by Site admin   
Sunday, 19 January 2020 10:13

Following the rules & just a few days left.....

We're still here!

WW3 or something equally dreadful didn't happen despite the headlines.

There's an old saying 'you don't hear the bullet that gets you' and the corollary, if the headlines and commentators are convinced of imminent disaster, it won't happen.

The 'bullet' that hit the western world in 2008 came out of the blue for most commentators. They didn't see it coming. And the collapse of the Chinese economy, endlessly touted by financial commentators and bet on by hedge funds over the last decade - it hasn't happened yet.

Read more...
 
Silver Soars, Plus a January deal... Print
Written by Site admin   
Sunday, 12 January 2020 10:12

Silver Soars, Plus a January deal...

The first full trading week of the year has started with plenty for the markets to fret about.

Is WW3 about to start? Will Iran respond to the assassination of Soleimani? Will oil sky rocket? Will the US Dollar implode if/when the Fed hits zero interest rates? Will there be another major banking collapse because of the gathering inter bank liquidity crisis? The list goes on and on....

Read more...
 
Is Silver ready to soar...? Print
Written by Site admin   
Sunday, 05 January 2020 10:07

Is Silver ready to soar...?

 

Happy New Year and thank you for reading over the past year. 2020 is lining up to be a momentous year for politics and the economy and the first quarter could have a Silver lining....

Gold, Silver and Platinum are seen as Safe Haven commodities. When the politico/economic world is in turmoil, investors look for safety and precious metals are in high demand.

So why have the precious metals not taken off yet?

Read more...
 
Free money coming soon....... Print
Written by Site admin   
Tuesday, 10 December 2019 19:00

Free money

Coming soon to the

Western World...

Dear Trader and Clickevents reader

We've heard (and never believed) all that Central Bank promotional clap trap about QE & government bond buying. How it had to be done to avoid a banking system collapse and that it could be reversed just as soon as economic conditions normalise.

Japan set the QE mould, decades ago now, following their real estate and stock market bust in 1991. The US sub-prime and CDS fiasco triggered the 2007 banking bust which was neatly exported to European banks. Bailouts and QE became inevitable.

Normalisation.

It'll never happen.

Read more...
 
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From the blog

Is the stock market rally now toast?

So is this the big one?

Read more...

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