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I was seeing the same thing and commenting with someone privately about it. Strange action to be sure. On a day when Silver really moving higher no less. I was thinking about buying puts here to protect capital. Dont have to sell all the stocks, just buy some puts to offset any downturn. Dump it when the market turns back up.Silver busting a move while miners hold back. Strange. usually a bad omen, signalling a reversal coming. However, with the Fed meeting on Wednesday, I wonder if people are just being hesitant to buy before the Fed?
The question is how long can the price of silver be managed/supressed? I think the fundamentals out there seem pretty bullish. I think the next two weeks should give us an idea as to whether we are ready to shake off 2022's lethargy or we are just getting ready to rinse and repeat into 2023.Silver busting a move while miners hold back. Strange. usually a bad omen, signalling a reversal coming. However, with the Fed meeting on Wednesday, I wonder if people are just being hesitant to buy before the Fed?
What do you go with?
The question is how long can the price of silver be managed/supressed?
yeh, I'm mad as hell, and I'm not gonna take it any more...Looks like the Dollar is trying to hammer in a bottom. Should be interesting to see how the metals hold up after the next move down. Anyone else just sick and tired of the way things in general are going? You got a I don't know what to call him/her in the nuke department get caught stealing twice in a week an yet nothing happens. We live in a total fookin clown world now.
At today's open I did override my system and sell VVNT. As you can see on this daily chart, with the acquisition price known, the stock price just cleaves to 11.90 making it essentially dead money for the duration.It's been a mixed bag in Weekend Trend Trader system lately. But here's one that is working out. VVNT (Vivent Smart Home) is up 61% since purchased. Currently up on news it is being acquired.
[This is the first of these that have happened while I was holding. At this point the price will probably not move around a lot for a while as everyone knows the purchase price. So the question is, how do I get my sell signal due to hitting my trailing stop loss signals? I have no idea.]
[Actually I never buy stock signals that occurred because an acquisition was announced, because the price just sits there as the legal stuff happens. That is the one fundamental that I take into account when making a purchase.]
If you got in say, 5 years ago and got out say, when it was $50K... yeah... pay your taxes and call it good.This isn't understood by most bitcoiners... think about it.
If you got in say, 5 years ago and got out say, when it was $50K... yeah... pay your taxes and call it good.
For as long as I've been paying attention, it seems US regulators have had a hard on for Binance. Whether the attention is legitimate or political I don't know, but they have definitely had the eye of Sauron on their backs for a long time.FTX was actually money laundering according to most and yet we get this...
Gold and silver prices are sharply higher in early U.S. trading Tuesday, following a slightly tamer-than-expected U.S. inflation report. Gold surged to a four-month high and silver to a seven-month high right after the report’s release. February gold was last up $29.50 at $1,821.30 and March silver was up $0.627 at $24.03.
The just-released U.S. consumer price index report for November showed a rise of 0.1% from October and was up 7.1%, year-on-year. CPI was expected to come in up 0.3% from October and up 7.3%, year-on-year. The slightly cooler-than-expected inflation data was enough to rally the stock and financial markets, and the metals, while tanking the U.S. dollar index. The CPI report lands in the camp of the U.S. monetary policy doves, who want to see the Federal Reserve back off the accelerator on its aggressive monetary policy tightening path.
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For as long as I've been paying attention, it seems US regulators have had a hard on for Binance. Whether the attention is legitimate or political I don't know, but they have definitely had the eye of Sauron on their backs for a long time.
I don’t know, but one could hypothesize that TPTB are interested in showing the public how unsafe the crypto space is and, to help rescue us all, will be happy to provide a ‘safer’ central digital currency with which to replace it…2cFor as long as I've been paying attention, it seems US regulators have had a hard on for Binance. Whether the attention is legitimate or political I don't know, but they have definitely had the eye of Sauron on their backs for a long time.
CBDC may be an alternative but I don't see it taking over. Lots of people without phone, internet and banking. Like 25% of the population is unbanked including myself.
Going to be very difficult to force someone to open a bank account.
CBDC may be an alternative but I don't see it taking over. Lots of people without phone, internet and banking. Like 25% of the population is unbanked including myself. Going to be very difficult to force someone to open a bank account.
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