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Topic: 2020 Silver!  (Read 98 times) previous topic - next topic

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2020 Silver!
For Entertainment Purposes Only.

Re: 2020 Silver!
Reply #1
Seems like silver needs to get above the long term down sloping resistance band to make a break out. Powell speaks before congress this week and may step on his  tongue. It might be that a pertinent question gets asked to reveal the theft taking place in the name of 2% inflation is stability or forcing to explain how current monetary policy can work when the new money is counterfeit. I am not holding my breath.


  • goldies
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Re: 2020 Silver!
Reply #2
People don't see this yet.


  • goldies
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Re: 2020 Silver!
Reply #3
So the catalyst here is a bull flag seen on Sandy's triangle chart.

But Sandy's lines are in the wrong places as you would need to know where the down channel is.



https://www.youtube.com/watch?time_continue=2&v=xXXmjzKrwdI&feature=emb_logo

Re: 2020 Silver!
Reply #4
Goldies, On your charts, you use Cartesian scaling while nearly all charting is based on numeric percentage change requiring semi-log scales to reflect in straight lines. Can you explain your rational? Your first chart above has a triangle on the right side and they do not work, Why do you call two straight lines a triangle on my chart? I learned a long time ago it took 3 lines to form a triangle. What is the basis for your rainbow? I do not understand any rational behind the lines. I look at your counts and immediately a potential relation to Elliott Wave Theory comes to mind. My lines were in the wrong places? I put them on the chart to make it easier to see the historic up trending support and down trending resistance. If they reflect historical occurrence, how can they be wrong without rewriting history?

I watched the video and really it was a rehash, but to be complete the discussion has to include bull and bear pennants. In your criticism of two lines forming a triangle that does not work, you are writing off bull and bear pennants; a lot of professional technicians would not accept that conclusion.

I am happy you have developed a whole new charting method, I hope it works out. Good luck trading.

  • goldies
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Re: 2020 Silver!
Reply #5
Well the you have to identify the bull flag by looking at the pole.. it means nothing unless its broken out above a down channel. In this context it means something.




Then u have this.



But look at 2016 first.


  • goldies
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Re: 2020 Silver!
Reply #6
I bought 50,000 shares of SVBL for 150 silver dollars. $2500.

https://www.tapatalk.com/groups/silverismoney/viewtopic.php?p=11838#p11838

Once you identify it you can make a risk.. Whats 5 cents? CDE paid 55 cents.

https://www.mining.com/silver-bull-resources-gaining-after-coeur-dalene-mines-buys-5m-stake-in-firm/

  • goldies
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Re: 2020 Silver!
Reply #7
Whoops the chart didn't post.