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No time to indulge the chicken livers now, lads!
That’s right, buck up, stiff upper crumpets and all that. Cheerio, wot? Seriously, silver has broken back over $39 this evening, and if that number holds, I think we see further retrace into next week. Gold is also doing quite nicely at over $1520.
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Tomorrow’s top choices… XG and BAA.
Sure, they are obscure, but so was Jude, and look at that great song the Beatles wrote about him.
Also, the rare earth metals are being purchased again. Yesterday MCP was getting big “buying on weakness” attention. I like AVL and QSURF here — especially the latter.
Best to you.
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how does jake feel about the entirety of the commods space with respect to the entire risk off/no qe3 mantra currently afoot?
Thank you Jake! If I decide to reduce the port size, I’ll be judicious about how I go about it. You da best cement head that I know.
Still holding your hutch of AGQ’s?
Yep.
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Today, I sell the remainder of my AGQ. Silver has been berry, berry good to me over these last two weeks. I shall hold on with clenched fists to my horde of EXK and SLW, however.
Now, ANV is another matter altogether. That bastard is acting like a sick cow that needs to be taken out to pasture and shot.
I fancy meself some dat silva at 50 quid before the end of the year. Maybe even before the summa comes.
Looks like that “dead cat bounce” is over for Silver. Its over! Silver is going MUCH LOWER and there is nothing you can do. Its time to stop falling in love with it. You have gotten married and place faith in it. For Christs sake! Its not human and is in for another big dump after this dead cat. Get over it and simply admit that you were WRONG.
Jonti, are you dollar bullish? Think that the physical market will be well supplied going-forward? Please support your ideas with arguments rather than arm-waving spit-flecked assertions.
The bedrock of Jonti’s analysis?
“Silver is NOT HUMAN!”
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Sorry pal, but your “cut and run” pussy act after your latest short fail has left you with only worm’s credibility in these parts.
And truly, the nature of your prose brings to mind some sort of beta-stage voice bot from the late eighties.
Go loosen your bowels back on the “watch and learn” boards with your fellow Yahoos.
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You may be right regarding silver going lower. But why deliver your message like a crazy ass?
That was for Jonti.
Most trolls are nuts with issues. This nut also has ESL problems, I fear.
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I love how Jonti only comes around when silver is down. You’re still underwater on your short though, no?
Jake-
Are you still a Savage sub?
I’m in pain with my recent additions, but am starting to think this was a double bottom. HUI right at the 200 MA again today. Frustrating action!
A retest of the lows was what I was looking for, but see the next post on what my signal to go or stay will be…
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Jake,
What do you do during D waves? Short or just hold core and wait for A? I got out of my last AGQ scalp yesterday and am not sure I can just wait around for the A but I do want as much coin as possible to take advantage of the A.