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Buying physical gold/silver

927,572 Views | 4560 Replies | Last: 5 days ago by Heineken-Ashi
aggiebrad16
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AG
Messaging you now.
histag10
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AG
Sent you a text
Heineken-Ashi
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Bought my first SLV since selling the last bit in January. Potential for strong upward reversal soon. But need a confirmed bottom first. We are right now re-testing the handle breakout point. If you draw a line from the 1980-2011 peaks on the silver chart, you can clearly make out the cup. 2020-2025 was the handle. 2025-2026 was the breakout. And after parabola, despite bullishness at a fever pitch and people you've never seen before claiming it will never end, you get the reversal. EVERY SINGLE TIME. Now, it's possible that reversal is completing. Again, need a confirmed low. And ideally a higher low. But I can finally stomach buying again as my target from way earlier this year has nearly been reached.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
jagvocate
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How do you confirm a low? Incredible volume on a "washout" type of day?

My company has me on assignment overseas right now so I'm holding my existing investments, not buying or selling right now, or I would be buying around here and lower.

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Heineken-Ashi
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jagvocate said:

How do you confirm a low? Incredible volume on a "washout" type of day?

My company has me on assignment overseas right now so I'm holding my existing investments, not buying or selling right now, or I would be buying around here and lower.

5 waves up off of a low followed by a corrective overlapping move to a higher low, and then breakout above the first high. Allows for two levels of stops depending on risk threshold.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
TXAggie4Christ
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AG
Silver at $50.03
Gold under $4K at $3922

Buying some ASE today for the first time in awhile.
Red Pear Realty
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Sponsor
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I'm pretty sure I won a bet on price action from this thread….
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Heineken-Ashi
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I was right on price, early on timing.

"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
JR Ewing
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AG
Well, what are peoples' thoughts about the market post election? Is this the beginning of the bounce technically, or a minor correction until it crashes downward again? Gold/silver appear to be starting to rally…
AgPrognosticator
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JR Ewing said:

Well, what are peoples' thoughts about the market post election? Is this the beginning of the bounce technically, or a minor correction until it crashes downward again? Gold/silver appear to be starting to rally…


Would like HA's thoughts, but the pre-election downward movement seems to be over. Not sure if the movements immediately before or after Election Day reflect market fundamentals.
Heineken-Ashi
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JR Ewing said:

Well, what are peoples' thoughts about the market post election? Is this the beginning of the bounce technically, or a minor correction until it crashes downward again? Gold/silver appear to be starting to rally…


Not enough evidence yet. Haven't taken out any resistance and it's just far too early to dictate the structure of Price. It is possible the bottom is in, but not definitive. I have 25% of my SLV allocation. I've also been waiting all year to start a position in URA and finally dipped my toes in.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
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