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Silver next upswing

Argent Dragon

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....... I pity the poor fools who didn't get in when the gittin was good
I don't, there has been chance after chance after chance to get in for over a decade.
Any poor bastard that missed this train deserves to be left out in the cold...... sorry, I can't stand people who are all talk sitting on the sidelines.
 

mtnman

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Thanks MM. Any inhabitable dwellings on the land? Also, any chance the land was granted to an ancestor of yours and you possess it in alodium? Gotta ask.
No and quit claim deed
 

GOLDBRIX

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GOLDBRIX

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I've always said land was better than gold just because it can feed you while possibly giving you dividends every year.
So the gold in your hand is not worth the brush in the field ?
 

coopersmith

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Silber be like............


Its about fucking time.
 

d-lod

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Silver did reacted to 22.27 (if you guys recall, 22.67$ was given on as upper target for silver) so the resistance has become support here.

View attachment 174732

Silver has gain great strength after crossing major support of 26 and moving towards resistance of 35+

No ew count or technical working its just hurricane.......................


1596634258294.png
 

d-lod

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Yes, it appears as if the child has broken free of her bonds... finally.

AND CAUSING PANIC ALL OVER

2055 $ GOLD price, if divided by 16 is 128 $ should be silver price (traditional price ratio is 1:16)

2055 divided by 9 is 228$ should be silver price. (MINING RATIO)
 
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d-lod

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1596729825290.png



Look at silver prices. In 2008 oct when it hit 8+, silver reached roughly 2.5 time in april 2011, a period of more than 18 months.

This time when it hit lowest in march beginning at 11+, it took roughly only 5 months to reach 2.5 times.


Its tungsten coil this time.
 

d-lod

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24.73, reached first target

IF........................silver doesn't move past 27.72 on up side than....................current price 27.54

29.84 – 23.38 = 6.46 = 22%
23.38 – 27.72 = 4.34 = 18%
27.72 – 24.06 / 21.62
 
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Argent Dragon

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And........here's the Silver Takedown !

 

d-lod

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https://sdbullion.com/blog/warren-buffett-silver-hoard-1997-to-2006

In a few short months, they amassed one of the largest silver hoarding positions owned by one private entity in the contemporary era (eat your heart out naive Hunt Brothers).

Amassing this the record-sized silver bullion position also blew out silver lease rates to the tune of up to 75% on an annualized basis. Warren Buffet and his silver Berkshire bugs caused an acute shortage of fine silver bullion in the late 1990s, more on that matter shortly.

Further below this timeline chart, you can hear Warren himself speak publically, addressing this silver bullion position back in the year 1998. All total, the Buffett silver bullion position amassed to 129.7 million ounces.

Warren Buffet Silver Investment Buy Sell Timeline


The Warren Buffett silver video below is positioned to begin at the moments in where Warren Buffett got asked about his near 130 million ounce silver bullion position. Recorded at the 1998 annual meeting of Berkshire Hathaway shareholders (i.e., likely surrounded by his biggest cheerleaders at the time).

In it, you will hear Buffett and see by his body language as he spearheaded this record-sized silver position soft inquisition. Whereas bad cop Munger plays it aloof, appearing as though silver bullion buying was somehow beneath his elite investment level aptitude.


 

Aurumag

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Ag just hit $28
 

Unca Walt

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Thanks MM. Any inhabitable dwellings on the land? Also, any chance the land was granted to an ancestor of yours and you possess it in alodium? Gotta ask.
Sounds like a deal. I'll take an acre.
 

gringott

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#MEfour
 

d-lod

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IF........................silver doesn't move past 27.72 on up side than....................current price 27.54

29.84 – 23.38 = 6.46 = 22%
23.38 – 27.72 = 4.34 = 18%
27.72 – 24.06 / 21.62

it has passed the level and count failed buffet is the driver of bus now, an express bus.
 

gringott

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Even Schiff played along about warren selling banks and buying gold.
Didn't bother to mention warren was just switching banks, just like I am in the process of doing.
Why does warren want to boost gold and knock financials in the MSM?
How does he really gain?
 

d-lod

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Even Schiff played along about warren selling banks and buying gold.
Didn't bother to mention warren was just switching banks, just like I am in the process of doing.
Why does warren want to boost gold and knock financials in the MSM?
How does he really gain?
like us may have realized power of metal, and about switching goldman, they have foolishly driven market to scenario of silver squeez.

But I am still optimistic about a correction.


;)o_O
 
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Argent Dragon

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Why does warren want to boost gold and knock financials in the MSM?
How does he really gain?
We're witnessing the great Transfer of Wealth just like every Multi-Decade cycle.
This feels a lot like 1977-79.

So Buffet isn't trying to 'gain' as much as he's trying to 'retain' his wealth.
 

the_shootist

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We're witnessing the great Transfer of Wealth just like every Multi-Decade cycle.
This feels a lot like 1977-79.

So Buffet isn't trying to 'gain' as much as he's trying to 'retain' his wealth.
yup, just like we do here
 

d-lod

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IF........................silver doesn't move past 27.72 on up side than....................current price 27.54

29.84 – 23.38 = 6.46 = 22%
23.38 – 27.72 = 4.34 = 18%
27.72 – 24.06 / 21.62
the count changed, "buffet mania", its 28.46 and not 27.72 the new count of wave B.

29.84 – 23.38 = 6.46 = 22%
23.38 – 28.46 = 5.08 = 21.5%
28.46 – 24.71 / 22.2 / 18+ some target for wave C
 
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d-lod

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https://silverseek.com/article/silver-market-update-another-upleg-looking-imminent


The latest COT chart for silver if it is to be believed, shows a truly remarkable situation. Normally, after a big runup in silver, we would expect to see the Large Specs long positions ratchet up to an extreme level, but that hasn’t happened at all on this occasion – their positions are still at a modest level. What does this mean? – the only thing I can think of is that it means that they don’t believe in this rally and are not committing to it. Since they are almost always wrong, their lack of interest after this big runup must be interpreted as strongly bullish.

 

d-lod

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1598534711625.png




TRIANGLE BROKEN ON THE UPSIDE, ........times have changed if correction is over..............silver has always corrected to 66% to 78%
 
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Jodster

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View attachment 178403



TRIANGLE BROKEN ON THE UPSIDE, ........times have changed if correction is over..............silver has always corrected to 66% to 78%
What are the chances this is a charting anomaly? Still in correction territory?
Or is this the verifiable breakout of the next leg up? Honest and serious questions.
 

d-lod

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What are the chances this is a charting anomaly? Still in correction territory?
Or is this the verifiable breakout of the next leg up? Honest and serious questions.
Jodster

you are right about silver being in consolidation territory. Any price between 28.46 and 26. 03 (3 times support on daily) is narrow trading range. WHILE 29.84 and 23.38 is the larger consolidation limits.

So technically it is in consolidation phase. Personally I am looking forward to wave "C" completion at a bit lower level