This is nothing but a bear trap. The sell off will begin soon and I expect bank holidays and closers by the 4th quarter of the year. I hope everybody got silver and some gold and food and protection.
Great video. I just found you and subscribed and will look at your old videos. Would like to follow your work any ideas besides looking at your archived videos? Thanks,
My question to you is this when the currency collapses, we will still have to work, at least I think so, how will we be paid in silver or gold or what? Thank you again for your knowledge.
Force Majeure coming, this will screw the common man even more. Bailout monies are obviously going out to get the power players ahead of the curve. Reverse split of the USD
Here's a technical question: If there's no such thing as a tripple top then if Gold clears $1000 sometime soon then should we assume that from then on it will struggle to go bellow the 3rd $1000marker?. Unless of course something big happens.. like printing money saves the world or something like that.
Kramer sucks but some of the guys are saying buy gold at 1000 because thats its breakout point.
What about UDN and going bearish on the dollar for tomorrow? How can the dollar go lower? Unless wall street thinks all this paper is good because the economy is rebounding now and cant get worse? Other then that i dont see any reason not to go bearish on the dollar.
Huge day for GSS and HL again. CDE made a outstanding move as well. Gotta love these mining companies that have proven reserves as they go up exponentially as gold and silver rise. Keep those great videos coming!
Oh you're probably a good guy to ask this question I always thing about: Would you rather buy 2 units of SLV or 1 unit of AGQ? ie. for example put $1000 into SLV or $500 in AGQ. It seems like they would amount to the same result if you hold on to them without selling right (granted the absence of counter party risk)? Buying the ultra will also free up some dough to invest in something else with.
Not a bad idea but remember the AGQ will move down faster too. Higher risk higher reward so it depends on how much risk you want to accept. If it's your Capital I would play it safer with SLV and then put some profit into AGQ
Thank you for the update tradergee1. I like your comment about those jokers on fast money and Jim Cramer. They do not understand that gold and silver are money.
The whole inflation/commodity strategy is really starting to spread its tentacles into other commodities, beyond precious metals. USO crossed the 50-day moving average for the first time since oil's decline starting in July. This could be the big breakout. Bought some USO a couple days ago, hoping to diversify into base metals and add to silver and gold as well.
No shoes you're better than them. That's why I'm watching you. I sold my tv 8 months ago and it was one of the decisions I've ever made. 800$ towards silver and no more mind control. You think it doens't affect you even though you know it's garbage but it still does. The advertising transmits subliminal messages.
Taxes just went up. Just recieved the new fed tax withholding book today. I do payroll for my company. Fed tax increase 40% and up on EVERYONE, no matter how much you make. He lied about the $250,00 cap.
Hope ur right... Monday is a massive buy day for my and my clients (about $100k in silver) so every cent means more or less ounces)
I don't think its going as low as $13.10 this week only because the spec traders have lost interest in silver due to the massive swing killing both spec longs and shorts.
You're seeing pure supply/demand in the chart now - very little speculation Thats my opinion (and god knows ive been wrong) but you wont see $12 ever again for silver... not priced in USD anyhow.
News? what news? haha
long very long! if you can!
price a joke? yes!
how about below 1980's prices per oz!
good stuff here, thanks
hiphopsocnroc 2 years ago
This is nothing but a bear trap. The sell off will begin soon and I expect bank holidays and closers by the 4th quarter of the year. I hope everybody got silver and some gold and food and protection.
formulaprimer 2 years ago
Great video. I just found you and subscribed and will look at your old videos. Would like to follow your work any ideas besides looking at your archived videos? Thanks,
Deoptics8 2 years ago
My question to you is this when the currency collapses, we will still have to work, at least I think so, how will we be paid in silver or gold or what? Thank you again for your knowledge.
coachwesbrooks 2 years ago
That's the big question. What will be the new currency? And will it be backed by Gold? Silver? nothing?
tradergee1 2 years ago
Force Majeure coming, this will screw the common man even more. Bailout monies are obviously going out to get the power players ahead of the curve. Reverse split of the USD
SotatoPalad 2 years ago
yes I do it's inevitable that gold return to 1000 IMO
tradergee1 2 years ago
Here's a technical question: If there's no such thing as a tripple top then if Gold clears $1000 sometime soon then should we assume that from then on it will struggle to go bellow the 3rd $1000marker?. Unless of course something big happens.. like printing money saves the world or something like that.
ShillBasher 2 years ago
Yep if Gold trades for 1000 ever again then it should never see 1000 again unless it retests like Silver almost did at 11.50 (11.75)
tradergee1 2 years ago
do you also think that gold is in some kind of upward channel?
I heard prediction of gold: 1030 at the end of the first quarter.
dontblamethemessenge 2 years ago
well silver broke resistance 13.75
btbking 2 years ago
That is super bullish!
tradergee1 2 years ago
Funny because at the moment, all the indexes are in red and so is Gold and Platinum. While Silver is in green, up 20c and over.
btbking 2 years ago
yeah this is very bullish for SLV
tradergee1 2 years ago
Another good vid, and a GREAT top you're wearing today, Greg, best you've worn so far ; )
I heard a great quote about CNBC:
"I'd be a millionair today if I had followed all their advice, as long as I started with 100 million that is" lol.
ShillBasher 2 years ago
Kramer sucks but some of the guys are saying buy gold at 1000 because thats its breakout point.
What about UDN and going bearish on the dollar for tomorrow? How can the dollar go lower? Unless wall street thinks all this paper is good because the economy is rebounding now and cant get worse? Other then that i dont see any reason not to go bearish on the dollar.
limitedplay 2 years ago
If your long Silver then shorting the dollar is a similar position. I believe you'll get more performance being long SLV than being long UDN.
tradergee1 2 years ago
Huge day for GSS and HL again. CDE made a outstanding move as well. Gotta love these mining companies that have proven reserves as they go up exponentially as gold and silver rise. Keep those great videos coming!
cardsafterdark 2 years ago
Oh you're probably a good guy to ask this question I always thing about: Would you rather buy 2 units of SLV or 1 unit of AGQ? ie. for example put $1000 into SLV or $500 in AGQ. It seems like they would amount to the same result if you hold on to them without selling right (granted the absence of counter party risk)? Buying the ultra will also free up some dough to invest in something else with.
malumalumalu 2 years ago
Not a bad idea but remember the AGQ will move down faster too. Higher risk higher reward so it depends on how much risk you want to accept. If it's your Capital I would play it safer with SLV and then put some profit into AGQ
tradergee1 2 years ago
Thank you for the update tradergee1. I like your comment about those jokers on fast money and Jim Cramer. They do not understand that gold and silver are money.
JOConnor100 2 years ago
"Failure is built into the system"... That quote should be on a monument somewhere
aarythmic 2 years ago
Keep on stacking...i will be getting more soon......
dojufitz 2 years ago
Supply & Demand of paper silver. That's kinda funny, don't you think?
tyronebiggums3 2 years ago
yes it is
tradergee1 2 years ago
Sweet, congrats on your 500th oz.
I just hit 200, but it was a significant portion of my income.
Hyperinflation is inevitable at this point and everyone knows it.
1fffishy1 2 years ago
The whole inflation/commodity strategy is really starting to spread its tentacles into other commodities, beyond precious metals. USO crossed the 50-day moving average for the first time since oil's decline starting in July. This could be the big breakout. Bought some USO a couple days ago, hoping to diversify into base metals and add to silver and gold as well.
malumalumalu 2 years ago
I like UGA instead (gasoline) because it will outperform OIL
tradergee1 2 years ago
I dunno about subliminal messages but TV is definitely garbage. Internet provides me with news and a means of conducting business.
Anyway, not really in a position to buy, unfortunately. Paying off debt still.
drutter 2 years ago
No shoes you're better than them. That's why I'm watching you. I sold my tv 8 months ago and it was one of the decisions I've ever made. 800$ towards silver and no more mind control. You think it doens't affect you even though you know it's garbage but it still does. The advertising transmits subliminal messages.
howitzer24 2 years ago 3
And away we go !
artdeco101010 2 years ago
Taxes just went up. Just recieved the new fed tax withholding book today. I do payroll for my company. Fed tax increase 40% and up on EVERYONE, no matter how much you make. He lied about the $250,00 cap.
stealinator 2 years ago
When hyperinflation hits everyone will be making 250k
tradergee1 2 years ago
I always look forward to your and Stellaconcepts vids. Thanks.
GPmannnn 2 years ago
I have no income so I'm out of the loop. I just have tremendous silver and other PM.
formulaprimer 2 years ago
good hang in there
tradergee1 2 years ago
Hope ur right... Monday is a massive buy day for my and my clients (about $100k in silver) so every cent means more or less ounces)
I don't think its going as low as $13.10 this week only because the spec traders have lost interest in silver due to the massive swing killing both spec longs and shorts.
You're seeing pure supply/demand in the chart now - very little speculation Thats my opinion (and god knows ive been wrong) but you wont see $12 ever again for silver... not priced in USD anyhow.
stellaconcepts 2 years ago
I like your take better. We'll know by Mon!
tradergee1 2 years ago
makes me wanna buy a lot more
dvnwnd07 2 years ago