Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Silver Bug

LinkBack Thread Tools
Old 03-17-2013, 10:09 PM   #1
Yellow Jacket
ancona's Avatar
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
Silver teased lower

I'm watching the chrts in Asia right now and beginning to see a sort of sick pattern. Silver [especially] and the other PM's are slowly being massaged lower, perhaps in anticipation of the mayhem that will [must......actually] break loose in the EU tomorrow.

Which ever way it goes, tomorrow is sure to be exciting.
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Old 03-18-2013, 01:31 AM   #2
Ground Beetle
Join Date: Oct 2011
Location: Here, There, and Everywhere
Posts: 633
Liked: 388 times
Ancona, you might be right about tomorrow being exciting.

However, I just looked at some long term gold and silver charts and I don't see any significant uptrend starting yet. Gold looks like it will have trouble topping 1640 without another pull back first, and the same for silver at about 29.30 or so.

If those numbers do not hold this week, the sky is the limit.

My guess is that they will be tested, then a pullback. Then if this mess keeps getting worse, a punch through those numbers with more followup strength.

Regardless, keep buying every pullback. Sooner or later, PMs will go up.
If you keep doing what you are doing, You will keep getting what you are getting.
If you don't like what you are getting, You must change what you are doing.

GOLD is the money of KINGS.
SILVER is the money of GENTLEMEN.
BARTER is the money of PEASANTS.
DEBT is the money of SLAVES.
- Norm Franz
mmerlinn is offline   Reply With Quote
Old 03-20-2013, 09:55 PM   #3
Predaceous stink bug
Join Date: Mar 2013
Location: SA,TX
Posts: 134
Liked: 83 times
Have any of you looked at how close the Bollinger Bands have got recently?!?!

Something big is about to happen!

Stay tuned!

MasterQ is offline   Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
The relentless push lower ancona Silver Bug 6 03-22-2013 08:59 AM

All times are GMT -5. The time now is 03:00 PM.

Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of copyright © 2011 - 2020 Measuring Up. All Rights Reserved.