Gold at $25000. Silver at $600.

Well, I offloaded some that were big winners and some that I concluded dod not have time.


I am content to see a big pullback now because if it happens, it likely will be now.


That will be an opportunity to liad a bit more back on.

If HL and NEM drops, it will suit me
 
With less than an hour to go in a short day. It would be fantastic if it can close above $72
 
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Looks like 77 and change.

It is lately about 5 dollars higher than comex. Spot


I assume trading opens in 5 hours
 
3 hours in and silver is up over 3.50 and is above $75. Lets see if it holds
 
Again I sold some , again too soon.

But I rolled out into higher contracts and more of them. If it continues, I maximize the multiplier.

But I have a good bit set aside in cash here as well, in case of a crash
 
Yes, it is no longer just a market trading where one expects a zag after a zig.

We are in a price discovery .

But the temptation for profit taking is huge and also people bringing in their long held physical.

But this now regardless, is a once in a lifetime situation.

Hang in and hang on
 
Declan said:
Yes, it will be an amazing opening tomorrow at 6 pm my time.
Click to expand...
Referring to PG #739 silver price v M2
A jump of x2 from its current position doesn't seem unreasonable.
And remember the Hunt high adjusted for inflation is about $170.
Take in the scarcity of available metal v industrial demand.
Now if a revolutionary new PV fabrication is announced.
Yeah that would take the wind out-of the sails.
There's no mention of that anytime soon.
 
Just 3 hoursfor the fireworks. Sort yourself f sorry that I did not take a bit more profit friday but I regretted it each time.
 
5000 contracts in 5 minutes. 100000 in 23 hours in average
 
Up 2 dollars on very heavy volumn. I certainly will take that after 30 minutes of trading
 
At 65000 contracts in 3.5 hours, it is the heaviest volume that I have seen. The rally has been beaten down but the price is still holding somewhat firm. We shall see hiw the stocks fare out in 12 hours.
 
It needed a good selling and it is getting it today
 
Quiet a beat back.
Is it paper selling or physical selling.?
Or profit taking?
No matter what.
There's still a huge deficit. In physical availability.
 
They changed the margin requirement to buy future contracts on the Comex for one thing.

Also it is profit taking. i sold a bit myself , wish I sold it friday. And I bought a few as well as I do.

Had I not set aside plenty of cash already , I could be in troubke because it is a margin account.

So I can wait it out. Assuming it is not an actual top like in 2011. I am expecting it to bounce back tonight into tomorrow.

I have taken big positions in HL here
 
Declan said:
Again I sold some , again too soon.

But I rolled out into higher contracts and more of them. If it continues, I maximize the multiplier.

But I have a good bit set aside in cash here as well, in case of a crash
Click to expand...
Yes, too soon Friday, I should have waited til near the close, but thank goodness I did sell
 
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