Message:

<p>[QUOTE=&quot;qsilver007, post: 1518751, member: 34667&quot;]ANSWERS</p><p><br /></p><p>Sure I can use normal capitalization procedures</p><p><br /></p><p>Second, Personally I invest my own money in precious metals and stocks, and all I have sited sice I started this were specific trade opportunities.&nbsp; As noted, by being a coin collector all of us are inherent bulls as we all own some form of Gold, Platinum or Silver.</p><p><br /></p><p>I trade and invest for a living, have successfully for more than 20 years.&nbsp; I would never say or post something I myself was not doing or interested in.</p><p><br /></p><p>I would never ask for money or try a scam that way.</p><p><br /></p><p>As for the rise in the metals???????</p><p><br /></p><p>In the PM markets, we, everyone has always looked for a decent why................... Computers (algos) dont ask why, they just do</p><p><br /></p><p>As for precious metals sites, I couldnt really name any off the top of my head as all of my research and trade ideas come from me, if you must know, different media outlets have often times asked me for my opinion and I have given it to them you may have even read it on a news site.</p><p><br /></p><p>As for the media wanting you to think the &quot;US dollar was weak so gold was up or the euro was weak so gold was up, its all been BS for many many years now.&quot;&nbsp; The last major country to be Gold backed was Switzerland in 2000.</p><p><br /></p><p>If you want my technical analysis 101, due this.................look at Crude and the stock market......................two things that should theoretically have no correllation to PM&#039;s they have risen 13% S and P&nbsp; and 17-20% depending on which crude you look at, wti or brent, MORE IMPORTANTLY GASOLINE, DIESEL, NAT GAS, AND AGS IE EVERYTHING WE HAVE TO USE DAILY, are up between 25 and 54%!!!!!!!!!!!!!!!!!!&nbsp; respectively since June...............</p><p><br /></p><p>On Monday of this week, Gold and Silver were unchanged from there june levels 28 ish and 1625ish........ they have been building tighter and tighter coils..................ie ranges smaller option vols have moved way lower and lower and whichever way they went there would be some force................I will talk silver since I trade more of that..........................Mondays low 27.80 ish.................Fridays High 30.80ish..............nice 10%up week...................puts it back where it was in May</p><p><br /></p><p>Now technical analysis 102............................... pull up a chart or the indian rupee, the euro, the pound, whichever currency you like.....................overlay that vs gold or silver</p><p><br /></p><p>You will notice that over th past 10 years and especially the past 3 the rolling correlation between the Dollar and Gold has declined greatly..................... no currency is backed by anything..................gold is quoted in whatever curreny of the country you live..........................On the SFX (shanghai) yuan, BFX(bombay) rupees..............................If you live in Italy, France, Germany etc, Euros.....................</p><p><br /></p><p>Gold and Silver will always show the stongest gains in currencies that have the most fear, this year India and the Euro Zone.</p><p><br /></p><p>Also just so you know when you hear bubblevisons or PM websites are telling you why gold or silver were up..................... guess what, anyone can monday morning quarterback.................. you can make up any reason you like in you mind why gold and silver rose last week..............all that matter was they did, you had algos andtrend follower revers platinum short to long only took a 200 dollar move in ten days, shot covering insilver started at 28.30 ish and continued the whole week, plus machines are now dip buyers of all metals................................and no it wasnt weaknsess in the dollar................fyi the &quot;dollar&quot; is a cacth phrase for the dollar index...... in trader the &quot;dixie&quot; because of its symbol code of DXE.&nbsp; The DXE is made up up very few&nbsp; currencies other garbage currencies............Euro, Yen, Pound,Cad, Swedish Krona, might be a couple more..............the Euro is 67% and the yen about 15% and the Pound round out 8%..........................essentially it is a trading vehicle for funds and traders to pass the hot potato..................&nbsp; </p><p><br /></p><p>You never hear about how the Russian ruble, Brazialian Real, Indian Rupee, Chinese Yuan, are doing why??????????&nbsp; They dont want you to look at the dollar vs countries where they are still growing..................before one trades you should do all of your own research you may listen to me or not, it makes no difference to me, but if I were collecting, trading gold silver or foreign coins, I would know the exchange rates in most major countries.&nbsp; I wouldn&#039;t critisize somone who has put nothing but facts that have been true and profitable out........</p><p><br /></p><p>Oh an if you want my thoughts on the Euro............. I have trade that and many cross currency pairs vs the precious metals for many many years, for years in the mid 2000&#039;s it was very painful to be long gold and silver and short the euro aas every machine and black box had to own it up until 2008........</p><p><br /></p><p>A little info on the Euro.............when the EU came about and decided the currency was going to replaace all local money, some of the exchange rates were as follows&quot;</p><p>Germany 2:1</p><p>Netherlands 2.5:1</p><p>Greece 170:1</p><p>Spain 190:1</p><p>France 6:1</p><p>Italy 1900:1</p><p>Portugal 220:1</p><p>you can look up the rest it was a joke that everyone bought into for years and it will not be a laughing matter as it contiues to dissolve</p><p><br /></p><p>If you took the relaitve wieghts of the countries exchange rates at inception of the euro it should have come out at 1/137 of a dollar NO WHERE NEAR PAR</p><p><br /></p><p>I guess the easiest way to put it is in 2008 with Gold arund 1000 and Silver around 20, the yen was about 1:120 vs the dollar, it is now around 1:77 so huge increase, the pound has gone from 2.09:1 to abour 1.55:1 so major decrease, and the euro from 1.57:1 to it current level of say 1.25:1 decrease as wel..........................................gold has sinced gained lets say 70% and silver about 50% in us dollar terms.................</p><p><br /></p><p>Gold in euros is up more than 110% since 2008...........about 600 eu back then 1340 eu now.................so how has gold gone up more in europe than in the US???????????????????&nbsp; Think about it numbers and returns dont lie, ..............................the media telling you the PM rally was due to strength in the Euro is still BS and will contue to be..................the fellow coin collectors and traders that bought gold in europe made almost twice as much as we Americans did................I hope this helps......................</p><p><br /></p><p>And again as I stated from the first time I wrote my little blog, thread , or whatever this is.&nbsp;&nbsp; All I was trying to do was give back and help out some fellow coin collectors, as the PM markets have been confusing and frustrating to say the least this year........................if at anytime you dont like what I say or think I am trying to scam you stop reading......................&nbsp; but I have gotten quite a few people who have complimneted my writings and thoughts................so I might just contnue to give random updates</p><p><br /></p><p>Most Sincerely,</p><p>Qsilver[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in