SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (187509)5/13/2022 11:09:24 AM
From: sense  Read Replies (1) | Respond to of 218863
 
I'm using AGQ as "silver" in all my charting now...

In part as the leverage amplifies the view giving better fine detail...

But, also while using it that way... discovering that charting silver with 2X leverage makes a more sensible chart...

And, that makes sense, too... given the "paper" trade having > 200 ounces in trade for every real ounce... equates to a fairly spectacular degree of leverage being applied in setting "the price"... so reflecting 200X leverage in reality... with a chart showing 2X leverage... probably balances it about right in relation to the bankers actual positioning...

So, "silver with 2X leverage" is closer to "real silver" as reflected in the trade... than "real silver" is...

And, that means the cup and handle pattern from 2011... has not yet begun to build the right wall of the cup... silver, in that view, is still languishing on the bottom of the cup... with the "accumulation" as the pattern driver only occurring... now.... ? What is seen as a truncated right wall... is actually only the mid bottom bounce where accumulation begins... also suggesting that building of the right wall... might still be farther off to the right than most expect...

I think the problem becomes... the suppression trade they have engineered is "working" to suppress production more than it suppresses price... still ensuring "can't get there from here" as the only possible outcome. That "suppression works" is obviously true... but, that doesn't mean it has an unbounded space in which to work... just because there are no limits in the derivatives or leverage that can be applied ?

Forcing the price and ROI to go negative... doesn't prevent the production of more fiat...

Forcing the price of real things to go below the cost of production... DOES prevent their production ?

Not rocket science...

None of which matters at all now... or in the short term trade... ?

As they crater the market... even if taking a day off today, to allow the SPY to float back up nearer to the lower bolly in an ongoing decline... even if they impose another "delay" maneuver... ?

There doesn't appear to be any other "tactic" or "strategy" involved in the silver trade... other than "the beatings will continue until morale improves"...

Oil resuming its rise today... with news yesterday showing Biden continuing to reduce domestic supply... and continuing to do all he can to ensure OPEC forces prices higher...

And, oil producers are... "just" holding their own... while the oil explorers... are being slaughtered ?

The market decline, of course... tends to eliminate "speculative" investment... so, not shocking... I predicted it actually... to see RECAF heading lower...

But, some seems obvious as market games played in order to facilitate "takings"... Frontera already one of the lowest PE producers... also has a pair of major finds offshore... so... ???

The role of oil in my "market sequence"... stocks up, oil up, vix spikes, stocks crash, KOLD higher... is constructed independently of interest rate concerns... but that is as it is assumes oil price and interest rates are both "the same thing" and "a coordinated policy"... which used to be true... back when U.S. presidents were not seeking to destroy the balance in the market... as Biden is doing...

Reality, for now... is rates remain historically, even ridiculously low... still negative on a relative basis versus inflation... while oil prices are, thus far, doing nothing more than returning to where they were leading into and prior to the events of the 2020 crash...

Gas at $4 is presented here now as "a debacle"... rather than "a return to pre-COVID normalcy"...

But, how do you compute, from that... where "stability" might occur... when the reality we have is leaders on all sides doing all they can to prevent "stability" happening ?

"More of the same only more so"... seems reasonable to expect... with that including "the market price is a lie"... is a perception likely to expand... as the expectation many how have of "the silver price" being a fiction... seems it is only slowly becoming an element of awareness defining "how the market works" now...

'