"Gold and Silver both testing their trendline" "I continue to expect a move down to $14.75 before we continue the uptrend." "Wait for price to close below the daily 50EMA before entering short" These are some things I read on price analysis of Silver. These commentators are logical with their opinions on the price. But is it too logical? What I'm referring to is that, as some people seem to forget, the price of silver is still ran by humans in major trading networks. When it comes to greed and fear, humans aren't logical. So in that case then the price of silver can't follow any trend unless there is proof of human involvement in the trend. Silver doesn't calculate itself, humans do. See what I mean?
I don't believe in following trends. To me, those who are predicting an "up" or "down" trend have only one of two things in mind. They want you to buy something or they want you to sell something! Chris
Precious metals markets operate like any investment market: more buyers than sellers, the price goes up. More sellers than buyers, the price goes down.
Market trends are determined by supply and demand on a daily basis. Over time a trend appears but it's all about supply and demand.
Keep one thing in mind..... If these pundits genuinely had inside poop on what the PM market is doing.... You can bet they would be sipping boat drinks on their yachts instead of imposing their "view" upon the rest of us.
Lets face it, investing in "PM,S" is a crap shoot ! win lose or draw its Anybody,s best guess, i think allot of people just use it for cash crunch Time or when something expensive goes out on the car...LOL, for me Its a trip to the Bahamas next month, just to take some mad money If i need it, just a little bit of my hoard about 700oz, i doubt i will Even spend half of that, with what i have left will put back in to 10oz Designer bars, what kind of sucks is most of this is ASE,S that i paid In the high 16 range so will suffer a bit of a loss, but i would have Probably spent it on something dumb..LOL like...
Lets see if I can (freudian slip) this... Lets face it, investing in "PM'S" is a crap shoot, win lose or draw its Anybody's best guess. Pretty much. i think allot of people just use it for cash crunch Time or when something expensive goes out on the car...LOL, For me Its a trip to the Bahamas next month, just to take some mad money If i need it. just a little bit of my hoard about 700oz, i doubt i will Even spend half of that, with what i have left will put back in to 10oz Designer bars. Always nice to keep a few $,000 on hand. what kind of sucks is most of this is ASE,S that i paid In the high 16 range so will suffer a bit of a loss. ASE's should keep you close, guess that depends on where you sell and what the big guys are promoting at the time. but i would have Probably spent it on something dumb..LOL like... Did you narrow down a scope ?
Put around 70 thru it so far, in a couple of afternoons sessions, surprisingly The kick is actually less the my RugerM77 in .338 Mag, but that,s because The gun is very heavy, felt recoil is low, when it goes off you know it !!! It actually pulses the air around 15 feet away, i shot some video and will Try and upload it.
I actually used the scope of my AR-10, to start, close in shooting, it will be about $1,500 for a good scope, so will probably wait until i get back fro the Bahamas In May
