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Thread: Sprott launches more PSLV / Silver: key reversal today / gold seasonality VERY favorable

  1. #11

    Default

    Looks like the unemployment disappointment and QE expectations are putting your anticipated "vacation plans" on hold. The mini-correction this morning was short lived.
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's HR 1098: Free Competition in Currencies Act?


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  3. #12

    Lightbulb

    We're on track for another key reversal in silver today. It would have to close above $31, preferrably on huge volume and a nice spike.

    Last time silver went from 27 to 35 in 2 months after my call on July 12th in the op...

    Key reversal means:


    After an up-trend:

    The Open must be above yesterday's Close,
    The day must make a new High, and
    The Close must be below yesterday's Low.

    After a down-trend:

    The Open must be below yesterday's Close,
    The day must make a new Low, and
    The Close must be above yesterday's High.


    Remember:

    The signals are most reliable if they occur after a strong trend. If the trend is weak, so is the signal.
    http://www.incrediblecharts.com/tech...y_reversal.php



    Additionally, the traditional October weakness in the metals has passed. November is historically the best month for gold.




    Add on to that that bullion dealers are getting HUGE orders
    :
    http://www.pmbug.com/forum/f13/physi...html#post15648

    I say BTFD.

  4. #13
    Senior Skeptic Brian4Liberty's Avatar
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    Default

    Probably a good day to buy.

    We may be in a holding pattern until after the election. Obama wins, metals take off. Romney wins, might be a short term drop to a slightly lower level. Or maybe not. It's a gamble in the short term.
    Greg Brannon for US Senate 2014 - North Carolina
    "Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
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    "The Ministry of Truth can turn on a dime, and the fury of the ignorant masses can be redirected at will." - B4L
    "Marxists become Fascists the minute they become rich, yet they retain the Marxist rhetoric." - B4L
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  5. #14
    Senior Skeptic Brian4Liberty's Avatar
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    The Silver rocket has just launched.
    Greg Brannon for US Senate 2014 - North Carolina
    "Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." - Benjamin Franklin
    "Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Government is not the solution to our problem; government is the problem." - Ronald Reagan
    "The only thing we have to fear is fear itself, and we must reject those who spread fear." - B4L update of FDR
    "The Ministry of Truth can turn on a dime, and the fury of the ignorant masses can be redirected at will." - B4L
    "Marxists become Fascists the minute they become rich, yet they retain the Marxist rhetoric." - B4L
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Twitter: B4Liberty‏@USAB4L

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