\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

a silver breakout or meltdown is imminent (see my chart)

http://oi68.tinypic.com/nda9g8.jpg The support on this we...
Walker, Texas Ranger
  02/28/18
Are you the guy invested in all the silver mining stocks? If...
.,.,...,..,.,.,:,,:,...,:::,...,:,,,.:..:.,:.::,.
  02/28/18
Yep... not sure what happened to that thread.
Walker, Texas Ranger
  02/28/18
OP is FUCKLAW?
,.,.,.,.,.,.,.,,.,.,.,.,,,...,.,.,.,.,.,.,.,.,.,,,
  04/16/18
Fucklaw was short silver - bet against it. Not invested in i...
Refunkulus
  04/16/18
What is a breakout? A quickly rising price? What is the v...
Coriolanus
  02/28/18
What is a breakout? A quickly rising price? -Yes What...
Walker, Texas Ranger
  02/28/18
But what if there's a meltdown? You predicted two opposite r...
Coriolanus
  02/28/18
Well, itís 50-50.
Such anathema to us!
  02/28/18
...
Whale Dumper Mercer
  02/28/18
...
...,.,.,.....,,,
  02/28/18
...
jon arbuckle
  03/04/18
The price will swing either down to lower lows quickly or to...
Walker, Texas Ranger
  02/28/18
"Do your due diligence." Why give tips and then...
Coriolanus
  02/28/18
I think just from the higher interest rates alone you are go...
Refunkulus
  03/04/18
Any updates to your thesis? Iíve been in gold and silver ...
ptbarnum
  03/04/18
Just started to get long Gold and Silver in the past 3 month...
Refunkulus
  03/04/18
Are you just looking at the chart of how silver has risen an...
Jeromulus
  03/04/18
Yes, that is exactly what technical analysis is. NOT flame.
ptbarnum
  03/04/18
Well whatever you want to call what OP is doing
Jeromulus
  03/04/18
For investors this recent metals issue isn't even TA based -...
Refunkulus
  03/04/18
That makes sense
Jeromulus
  03/04/18
But if interest rate rises, (1) US Dollar rises and (2) oppo...
ptbarnum
  03/04/18
IDK but I think there are issues with metals supply chains i...
Refunkulus
  03/04/18
What's the usual LTV and interest rate on gold? Have you eve...
ptbarnum
  03/04/18
There is a company called A-Mark that does lending on it at ...
Refunkulus
  03/06/18
I suppose I can always go to my local friendly ((( )))
ptbarnum
  03/09/18
One would think they would have vast underwriting experience
Refunkulus
  03/09/18
breakout confirmed today?
ptbarnum
  03/06/18
I think we're gonna see a confirmed breakout
Refunkulus
  04/16/18
Major commercial hedge activity this week for Silver and Pla...
Refunkulus
  04/21/18


Poast new message in this thread



Reply Favorite

Date: February 28th, 2018 11:47 PM
Author: Walker, Texas Ranger

http://oi68.tinypic.com/nda9g8.jpg

The support on this wedge is higher than the support on the previous wedge, so most likely, it is going to be a breakout. Notice the slope on the resistance lines for each successive wedge also is progressively getting less steep.

Will bump this when proven correct.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511223)



Reply Favorite

Date: February 28th, 2018 11:49 PM
Author: .,.,...,..,.,.,:,,:,...,:::,...,:,,,.:..:.,:.::,.


Are you the guy invested in all the silver mining stocks? If so, can you bump that thread?

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511238)



Reply Favorite

Date: February 28th, 2018 11:51 PM
Author: Walker, Texas Ranger

Yep... not sure what happened to that thread.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511267)



Reply Favorite

Date: April 16th, 2018 12:42 PM
Author: ,.,.,.,.,.,.,.,,.,.,.,.,,,...,.,.,.,.,.,.,.,.,.,,,


OP is FUCKLAW?

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35851264)



Reply Favorite

Date: April 16th, 2018 12:57 PM
Author: Refunkulus (never count out a MUSCLE NUT)

Fucklaw was short silver - bet against it. Not invested in it.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35851364)



Reply Favorite

Date: February 28th, 2018 11:48 PM
Author: Coriolanus (STEM to Win)

What is a breakout? A quickly rising price?

What is the value of such a prediction? Are there silver volatility indexes?

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511230)



Reply Favorite

Date: February 28th, 2018 11:50 PM
Author: Walker, Texas Ranger

What is a breakout? A quickly rising price?

-Yes

What is the value of such a prediction? Are there silver volatility indexes?

-You can make money if you buy silver mining stocks. I suggest SILJ for the safest approach.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511247)



Reply Favorite

Date: February 28th, 2018 11:51 PM
Author: Coriolanus (STEM to Win)

But what if there's a meltdown? You predicted two opposite results, sharing only a second order effect.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511262)



Reply Favorite

Date: February 28th, 2018 11:54 PM
Author: Such anathema to us! (a prancing two-star equivalent)

Well, itís 50-50.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511293)



Reply Favorite

Date: February 28th, 2018 11:55 PM
Author: Whale Dumper Mercer (Short Pride World Wide)



(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511295)



Reply Favorite

Date: February 28th, 2018 11:57 PM
Author: ...,.,.,.....,,,



(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511312)



Reply Favorite

Date: March 4th, 2018 12:22 PM
Author: jon arbuckle



(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532088)



Reply Favorite

Date: February 28th, 2018 11:57 PM
Author: Walker, Texas Ranger

The price will swing either down to lower lows quickly or to higher highs as we get closer to the end of the wedge. If it suddenly breaks down under $14.50, it would confirm that we're not going to get a breakout, and if you're a swing trader, you might want to consider getting out or doubling down to lower your dollar cost average.

A breakout is far more likely than a breakdown at this point according to the chart pattern, as I explained in the OP, and also, from a fundamental perspective, prices can't get much lower since the profit margins on mining companies is so low, that if prices were to fall from here, we'd see a supply deficit, since miners will shut down. We also have a very low reserve of above ground silver. Do your due diligence.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511310)



Reply Favorite

Date: February 28th, 2018 11:58 PM
Author: Coriolanus (STEM to Win)

"Do your due diligence."

Why give tips and then end like this?

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35511331)



Reply Favorite

Date: March 4th, 2018 12:24 PM
Author: Refunkulus (never count out a MUSCLE NUT)

I think just from the higher interest rates alone you are going to see further issues in the mining supply chain.

All in cash costs for Gold are like $800 and $1200 for Platinum, I don't know Silver's but it is a supply and demand kind of scenario with Silver and PT metals due to their depletion in industrial activities.

Gold is depleted by industry in a much more limited manner. I'm bullish on Gold but I think holding a mix of Gold/Silver equities and physical Silver to swap into gold makes a LOT of sense as a hedge against any inflationary issues.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532101)



Reply Favorite

Date: March 4th, 2018 12:10 PM
Author: ptbarnum

Any updates to your thesis?

Iíve been in gold and silver for 4 years with terrible results but Iíve been long only.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532055)



Reply Favorite

Date: March 4th, 2018 12:20 PM
Author: Refunkulus (never count out a MUSCLE NUT)

Just started to get long Gold and Silver in the past 3 months.

Gonna buy some 100oz bars as well soon to add to my stock pile and will probably swap into gold when the GSR gets to 1:50

Also been looking at Platinum group metals - I think that the rise in some more exotic PT group metals over the past 6 months presages inflation.

Also into some resource streaming stocks to get market exposure

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532078)



Reply Favorite

Date: March 4th, 2018 12:24 PM
Author: Jeromulus

Are you just looking at the chart of how silver has risen and fallen, seeing what you think is a pattern/trend, and claiming that silver prices will continue that pattern in the future?

Is this really all "technical analysis" is? Not looking at any particular reason the demand for silver will increase or decrease?

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532099)



Reply Favorite

Date: March 4th, 2018 12:25 PM
Author: ptbarnum

Yes, that is exactly what technical analysis is. NOT flame.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532102)



Reply Favorite

Date: March 4th, 2018 12:25 PM
Author: Jeromulus

Well whatever you want to call what OP is doing

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532103)



Reply Favorite

Date: March 4th, 2018 12:27 PM
Author: Refunkulus (never count out a MUSCLE NUT)

For investors this recent metals issue isn't even TA based - it's based on supply chain issues caused by higher interest rates (mining is capital and thus debt intensive, if money costs more the all in cash costs to mine go up, causing bankruptcies and thus supply constraints meaning, in the long term, metal prices have to go up as the available supply is used)

The South Africa issue is also big because of how much precious metals the country produces.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532105)



Reply Favorite

Date: March 4th, 2018 12:28 PM
Author: Jeromulus

That makes sense

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532108)



Reply Favorite

Date: March 4th, 2018 12:28 PM
Author: ptbarnum

But if interest rate rises, (1) US Dollar rises and (2) opportunity cost of being in precious metals (or anything non-income producing) increases, how big of a drag should that be on precious metal pricing (in US Dollars).

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532109)



Reply Favorite

Date: March 4th, 2018 12:32 PM
Author: Refunkulus (never count out a MUSCLE NUT)

IDK but I think there are issues with metals supply chains in the near term.

Look at some streaming stocks (companies like RGLD, FNV, etc) - where they get paid in ounces of gold/silver and therefore they get leverage to rising prices. I think it is a creative method/hedge in order to get exposure to metal prices but also dollar denominated capital appreciation.

I also think owning physical silver to swap into gold is good because you can find dudes who would lend $$$ on gold. Nothing wrong with getting a few hundred ounces of silver to sell for dollars or trade into gold when the GSR ratio compresses - especially since you can get loans on Gold and not have to sell it (i.e use it as a tool to buy income producing stuff)



(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532117)



Reply Favorite

Date: March 4th, 2018 1:18 PM
Author: ptbarnum

What's the usual LTV and interest rate on gold? Have you ever looked into it?

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35532372)



Reply Favorite

Date: March 6th, 2018 9:34 PM
Author: Refunkulus (never count out a MUSCLE NUT)

There is a company called A-Mark that does lending on it at 75% LTV but also some local lenders will do that and other loan associations.

Trust me - it wont be hard to find someone to make that kind of loan.

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35550217)



Reply Favorite

Date: March 9th, 2018 12:38 PM
Author: ptbarnum

I suppose I can always go to my local friendly ((( )))

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35569694)



Reply Favorite

Date: March 9th, 2018 12:45 PM
Author: Refunkulus (never count out a MUSCLE NUT)

One would think they would have vast underwriting experience

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35569754)



Reply Favorite

Date: March 6th, 2018 11:27 AM
Author: ptbarnum

breakout confirmed today?

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35545926)



Reply Favorite

Date: April 16th, 2018 12:38 PM
Author: Refunkulus (never count out a MUSCLE NUT)

I think we're gonna see a confirmed breakout

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35851234)



Reply Favorite

Date: April 21st, 2018 11:41 AM
Author: Refunkulus (never count out a MUSCLE NUT)

Major commercial hedge activity this week for Silver and Plat

(http://www.autoadmit.com/thread.php?thread_id=3906993&forum_id=2#35888101)