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[invisage] 15/5/2020 06:59

I've long silver....its making a big move

[chestnuts] 14/5/2020 23:30

Invisage

Silver

Sir Isac Newton set the ratio at 16 to 1 in 1717
In 1980 at the top it returned to 16 to 1

Now if i am correct a small spread bet could turn in to a nice little earner

If gold goes to $8602 then silver should/could go to $537.62

Silver is $15.84 = 34 times

[invisage] 14/5/2020 22:31

Thanks Chestnuts


For the record I have a lot of respect for your views, I think you are right that ultimately gold is going much higher...…R30;…….I think this is going to be a tough decade to get through for the world.


Just too much debt as you have been saying.

[chestnuts] 14/5/2020 22:15

Invisage it went through the neckline but hit the 50% fib line

I cant see why it should go up i am going to short in morning if it hasnt broken the 50% fib line

[invisage] 14/5/2020 21:56

DOW closed up above 23600 - You still think a short here on the DOW Chestnuts?

[chestnuts] 14/5/2020 20:46

Resistance on silver 1647 ish

[invisage] 14/5/2020 19:50

YepSilver breakout looks goodIt made me go long goldI think DOW long is risky..

[chestnuts] 14/5/2020 19:45

Silver trying to break out and it looks like a cup and handle breakout 1587 target around 2000

[invisage] 14/5/2020 18:43

Are you still long DOW ando?

[andonis] 14/5/2020 18:10

free stock charts from uk.advfn.com

[invisage] 14/5/2020 15:28

Ok I've gone long gold.Even if it drops, it will come back and go higher so best to stay long.

[invisage] 14/5/2020 15:05

Gold rallying whilst DOW falling

[ant15] 14/5/2020 02:51

Chestnuts Thanks I am invested in a number of Gold stocks some are doing well others are a waiting game as always.Whilst you pointed to a second wave on the DOW I still note with curiosity that apart from once The Dow has not moved past 24000 for some time and hovers there without direction.
C19 aside (not ignoring the overriding significance of this horrendous pandemic) The IMF presented GDP Gloom just a week or so ago predicting a Global negative GDP of 3 this estimate has already been superseded by others with a new range of between 4-8. Under the circumstances and despite numerous Government Pledges the world over I take your predictions of a banking crisis very seriously and will continue monitor what is rapidly becoming a very distressing situation.

[invisage] 13/5/2020 22:45

Chestnuts / Andonis


What is the significance of Gold being 90 weeks from the low on 17/08/2018 ?

[invisage] 13/5/2020 22:38

Venus Retrograde In Gemini Begins May 13 And Ends June 25


Nobody has a perfect relationship with money, and during Venus retrograde, that's made more than apparent. Expect these imperfections to arise during this transit.


hxxps://www.elitedaily.com/p/venus-retrograde-2020-will-affect-your-finances-in-a-surprising-way-22889013


Are we expecting more drops in the market based on venus retrograde?

[invisage] 13/5/2020 21:53

Yep I noticed that but in a rush to the dollar everything will drop including gold.When ppl no longer want to buy dollar then gold will soar, that scenario will happen in this decade.

[chestnuts] 13/5/2020 16:13

Gold as hit the top trend line and may come down to the bottom trend line yet around 1675 ish

Lets see it play out but basicly gold up today dow down today

[invisage] 13/5/2020 14:23

Gold rallied and sells off after Powell says more stimulus neededGold rallied and sells off yesterday after trump asking for negative ratesSomething doesn't feel right

[invisage] 13/5/2020 14:03

Gold can breakdown to lower trend line when stock markets decline that is why I'm holding off.....

I think stock markets will be lower than here going into September...maybe weakness starts in Aug

The outlook is poor

[andonis] 13/5/2020 13:59

Gold is very good here and here is good.

[cpap man] 13/5/2020 10:29

EML



Interesting [bullish] chart @ EML

[chestnuts] 13/5/2020 09:02

ant

Gold is in a triangle pattern , i would wait and see how it plays out, Invisage as changed is mind a few times and yet gold as gone know where in the last month.
THe banks must be under alot of pressure and at some time they be could nationalised after all the government dont really know what they are doing, we have had 3 countries which have defaulted in the last few weeks and i am sure their will be alot more to come and then the contagion as the defaulting countries going around the world will get bigger, and next thing we could have a global reset.

[ant15] 13/5/2020 03:12

Invisage I too am following Gold and believe your 9389 post might well be tentatively right.