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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: humble1 who wrote (23264)	5/11/2016 7:24:37 AM
From: John Pitera	Read Replies (1) \| Respond to of 41030

H1: you know that Silver was a bit slower than Gold in getting into bull mode this spring and did not really get into full swing until April arrived. Monday May 2nd on cnbc we had multiple commentators in the morning including Cramer and a young novice female staffer talking about the stealth bull market in Gold and Silver as Gold got up to over $1300 and Silver reached an $18 handle. Prices worked there way lower in each metal since that day, Silver made a low just @ 16.95 or late Monday and Gold had pulled back to $1260.. Now silver is surging 2.97% today and is near $17.60 already. Silver really kicked off just about the time you pointed out the very high gold /silver ratio... that Zerohedge had mentioned in an article. I really believe we can get some value out of Zerohedge , the Cramer's of the market. Not by following directly on their opinions but by in the case of ZeroHedge and the concept that the high gold/silver ratio was indicating a crash coming in stocks...ignore their conclusion but by looking tangentially at it and realizing the relative buy in silver. JP