Reply to Thread

Message:: [QUOTE="qsilver007, post: 1467953, member: 34667"]All I was looking to do with this post was to enlighten some people, and give a WS perspective, you can laughat my spelling and grammar, I am a big boy, I can take it.  As for guarantees, in investments, there are none.  All I do is qualitative and technical trading.  Gold and Silver are the only real money, always have been always will be.  Europe is not fixed nor is the US. The world is laden with debt, and cheap money, and money printing will only accelerate over the next few years. From a trading pespective Silvers low's have been higher each time, 26.75, 27.15,27.25, 27.50, 27,83, 28.02.  Like it or not once/if it gets thru 29.02 it will challenge 30.00.  With all the algos now short on the lows if it breaches 30.00 on the upside 31.50 and 33.00 shall be the next targets.  Can it go down form her, ABSOLUTELY.  But I will go back to the huge call buys in DEC 2012 and JAN 2013.  Most intelligent Central Banks have been cranking up Gold reserves at parabolic rates in the past siz months.  Turkey, China and Russia mainly. My opinion as a trader is that 1528 and 26.75 were the year lows.  They were very close to triple bottoms from Sept 2012 and Dec 2012.  Each time thereafter Gold was 1700 and Silver 34-37. No guarantees in life. No risk no reward. just my thoughts have to go to work check in with you guys in a few............qsilv[/QUOTE]