Loading ...First hour job done…closes on lows…so no day trader will even think of going long.
Well Maddog
What is amazing is that the sellers always seem to know to sell the shares in advance of the metals falling.
Looks like they may try to ram the USD back up.
Ugly reversal in silver.
Maddog @ 9:32
LOL I think it must be in the “Little Red Book!” š
It’s absolutely ridiculous. If you have lived in CA are you now their tax slave?
Au rammed back below $ 2000
Welcome Warren to being made a fool off by yr own government.
Morning Maddog
Yeah, shares are iffy coming out of the gates and have pretty much been in sell mode since the open.
Have to see what that means for the metals as the day goes on.
Not sure $2K should really be a big battle point. USD getting peppered again. Still has no legs aside from an occasional bounce.
Silver $28.45, $1,000 Face Value Junk Silver Coins $23,580, Contain 715 Ounces, Means $32.97 Per Ounce Is What You Have To Pay Versus Phony Spot
Geez even plain old Silver Bars are $36-$38 Per Ounce.
https://www.apmex.com/category/25490/engelhard-silver-bars.
American Silver Eagles?? Geez even they are $36- $37/oz. Even in a bulk 500 oz monster box its $36.84/oz.
https://www.apmex.com/category/22110/silver-american-eagle-coins
Bottom Line: Spot Prices Are Not Reality re Silver
ipsofacto
Re next ten years…..where did they dig him up from …..Mao’s back yard !!!!!!!
Part of the new CA tax plan ….. I think what this means is that people who are moderately rich, who are not the initial targets of this plan better be packing their bags now.
Knowing about the huge outbound migration from California, Cavuto asked what would happen to wealthy people who move out of state. Bonta said tax āavoidanceā would not be allowed as California would tax them for the next ten years, despite what state they live in. Bonta said that because they accrued the wealth in California, the state can continue to legally tax it.
California Dems’ Wealth Tax Follows People Who Move Out of the State
ALL ABOARD !
The train is leaving the STATION…GOLD will be 500 miles before the DAY is DONEĀ !
Not Shabby
QMX Gold Reports 6.48 g/t Au Over 73.2 Metres Within Current Pit Shell and Demonstrates Significant Depth Potential Intersecting 35.56 g/t Au Over 4.0 M at Depth at Bonnefond
https://finance.yahoo.com/news/qmx-gold-reports-6-48-103000830.html
redneckokie1
E wave will drive u nuts sometimes, but when it fits it can give some real insight. I use close only charts, it really only works on the SM averages, from which it was created….Commodities and Forex so far do not have the ever expanding price range that the SM averages have, so the rules cannot apply.
I too knew someone who spoke to Prechters no 2 regularly, he traded the SM off 1 minute charts useing e-wave, though he ran on cigarettes and whisky, being a Scotsman.,He was always looking for THE top…….but the cigs and whisky got him first.
Follow thru
$2K and that resistance at $27.50 silver seem to have been pushed aside in the overnights.
Good on us for sticking this out
